US Treasury Says It Was Breached by Chinese-Based Hacker
Bloomberg Intelligence
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Implications of the Treasury Breach on the U.S. Economy
This chapter explores the implications of a recent cyber attack on the U.S. Treasury Department by a Chinese hacker, assessing its impact on the economy and market dynamics. It also delves into the challenges faced by various income groups and forecasts potential labor market weaknesses and Federal Reserve actions for 2025.
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