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US Treasury Threatens Sanctions on Foreign Banks Tied to Iran
La RepúblicaLO·US · IR·1 day ago
Bloomberg reports that US Treasury Secretary Scott Bessent's inaccurate forecasts are eroding his credibility, a development that could undermine market confidence in US fiscal policy communication. The extent of the damage is uncertain, but it matters because policy signaling from the Treasury is a key input for market expectations.
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