🇺🇸 US Treasury Secretary Scott Bessent just made several important comments:
1. Treasury buybacks will become routine.
2. Buybacks could exceed $4B, partly to send a signal to markets.
3. A bigger push to reduce the deficit could be announced.
4. The $40T debt level isn’t “magic” — the US can grow its way out.
5. The deficit was cut to 5.7% of GDP in 2025.
6. Tariff refunds are temporarily increasing the deficit and won’t be repeated.
7. Higher oil is driving headline inflation, while core inflation continues to cool.
Markets will be watching closely. 🇺🇸
$BTC $SOL $ETH
1. Treasury buybacks will become routine.
2. Buybacks could exceed $4B, partly to send a signal to markets.
3. A bigger push to reduce the deficit could be announced.
4. The $40T debt level isn’t “magic” — the US can grow its way out.
5. The deficit was cut to 5.7% of GDP in 2025.
6. Tariff refunds are temporarily increasing the deficit and won’t be repeated.
7. Higher oil is driving headline inflation, while core inflation continues to cool.
Markets will be watching closely. 🇺🇸
$BTC $SOL $ETH