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U.S. Treasury Secretary Basant: The market may be pricing the economic fundamentals based on the possibility of an interest rate cut.
Odaily News The U.S. Treasury Secretary Bessent stated that the market may be pricing the economic fundamentals based on the possibility of interest rate cuts, and the forex fluctuations observed are not unusual, which may indicate that other currencies are strengthening, and people expect the euro to appreciate. (Zhitong Finance)