U.S. Treasury to Boost Cash Balance to $500B 💰
The U.S. Treasury plans to increase its cash balance to $500 billion by July’s end, following a recent debt ceiling hike. This move aims to strengthen financial stability amid rising government spending and trade tensions. The increased cash reserve could provide a buffer against economic uncertainties, including potential tariff impacts. Investors are watching closely, as this could influence bond markets and liquidity.
How will this affect the broader economy?
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