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Breaking News, World Updates & Headlines

  • World news
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  • US politics
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  • Science
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Yellen, Janet L

Bessent, ScottBiden, Joseph R JrFederal Reserve SystemInflation (Economics)Interest ratesinternal-storyline-noStocks and BondsTreasury DepartmentUnited States Politics and GovernmentWarsh, Kevin MYellen, Janet L
August 20, 2026

Did Bessent Put the Fed in a Bind?

The Treasury Department’s plan for bond interventions have calmed markets. But Wall Street is worried about the fallout for inflation and more.

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