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US Treasury’s Bessent: Impact of government shutdown on economy is worsening

FXStreetNov 10, 2025 12:23 AM

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US Treasury Secretary Scott Bessent said on Monday that the US federal shutdown impact getting worse for the economy.

Key quotes

The impact of the government shutdownon the economy is getting worse and worse.

Making substantial progress on inflation and expects prices to come down over the coming months.

Market reaction

At the time of writing, the US Dollar Index (DXY) is trading 0.15% higher on the day to trade at 99.70.

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