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Michael Faulkender advises incoming Treasury Secretary Kevin Warsh to maintain focus on returning inflation to the 2% target, arguing that current energy-driven price pressures do not warrant an interest rate increase.
Australia's Labor government has quietly established a taskforce, dubbed a 'razor gang' and led by former Treasury official Anthea Long, to identify cost-cutting options for the $52 billion National Disability Insurance Scheme ahead of the May budget.
Former Treasury official Nellie Liang discusses the goal of signaling concerns about high interest rates.
Former Treasury official Bessent indicated readiness for a repeat of joint yen intervention and advocated for a larger Federal Reserve backstop, signaling concerns about currency stability.