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Federal Reserve official MUSALEM said productivity is recovering and the best The thing the Fed can do for growth is to restore inf to 2%.

2026-08-20

Federal Reserve official MUSALEM said productivity is recovering and the best The thing the Fed can do for growth is to restore inf to 2%.

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2026-08-20

Ukrainian Air Force: Russia launched dozens of ballistic missiles, cruise missiles, hypersonic missiles and 168 drones in a night attack.

Ukrainian Air Force: Russia launched dozens of ballistic missiles, cruise missiles, hypersonic missiles and 168 drones in a night attack.
2026-08-20

Data from the U.S. Treasury Department shows that the total federal debt rose to $40.047 trillion on August 18, an increase of approximately $61 billion in a single day. Of this, $32.266 trillion was publicly held debt, and $7.782 trillion was held

Data from the U.S. Treasury Department shows that the total federal debt rose to $40.047 trillion on August 18, an increase of approximately $61 billion in a single day. Of this, $32.266 trillion was publicly held debt, and $7.782 trillion was held in internal government accounts. Interest payments in the first ten months of the year have risen to approximately $1.1 trillion. The widening deficit has driven debt issuance, and rising long-term bond yields have further increased refinancing costs, leading to increased interest payments and a further widening of the deficit. Subsequently, on August 19, the U.S. Treasury Department raised the maximum repurchase limit for 10-30 year Treasury bonds from $2 billion to at least $4 billion. However, repurchases still require financing through bond issuance of other maturities, which can only improve long-term debt liquidity but cannot reduce the deficit.
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