US Treasury Secretary Bessent said on Aug. 20 that a fiscal announcement may be released this weekend or early next week, according to BlockBeats. He also said the US fiscal deficit has 「very likely」 already reached its peak. On rates, Bessent said interest rates are unrelated to repurchase decisions. The remarks covered the expected timing of the fiscal announcement, his view on the deficit, and his position on the link between rates and repo decisions. No additional details on the announcement were provided in the source.
US Treasury Secretary Bessent said on Aug. 20 that a fiscal announcement may be released this weekend or early next week, according to BlockBeats.
Bessent also said the US fiscal deficit has 「very likely」 already reached its peak. On rates, he said interest rates are unrelated to repurchase decisions.
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