Global EconomyIMPORTANT
US Treasury Secretary Bessent says underlying US economy is very strong, core prices are stable; 3% growth is "not unreasonable" for H2
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Bessent projects 3% growth via his '3-3-3' plan, but markets face a hawkish Fed, three forecasted rate hikes, and $39.4T debt with escalating $1T annual interest costs.
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With government stakes in firms, trying to create market signals.
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