B · Normal
[Mentor Bessent speaks again: U.S. borrowing costs are still low] September 11th, U.S. Treasury Secretary Bessent’s mentor Stanley Druckenmiller said on Thursday that borrowing costs in the United States are still “low” and those Federal Reserve officials who believe that monetary policy has a tightening effect are “simply ridiculous.” He also warned about the AI bubble, saying that this wave of AI construction will eventually end.
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