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TechFlow News: On April 15, U.S. Treasury Secretary Bessent stated: “I understand the Federal Reserve needs to wait for the right timing to cut interest rates; ultimately, the Fed will cut rates further. The market tells me that oil prices have not been passed through to inflation expectations.” (Jinshi)
U.S. Treasury Secretary Bessent: “The market is telling me that oil prices have not been passed through to inflation expectations.”
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