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U.S. Treasury Secretary: The Fed's analysis of tariffs "is a bit off."
BlockBeats news, on July 23, U.S. Treasury Secretary Basant commented on the Fed's interest rate decision, stating, "It's uncertain what the Fed is considering," and that the Fed's analysis of tariffs is "a bit off." Basant also mentioned that Trump stated he would not fire Powell. When discussing Fed Chairman Powell, Basant said, "We are not in a hurry to act."
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