Bessent says inflation could rise but doing everything to keep it down- Breitbart
ReutersMar 14, 2025 2:05 AM
March 13 (Reuters) - U.S. Treasury Secretary Scott Bessent told Breitbart News that inflation could go up but that President Donald Trump's administration was doing all it could to keep it down and pointed to positive signs in the economy.
“Hopefully, we don’t get a recursive Biden-flation. We’re very vigilant. It could happen again," he was quoted as saying.
"On inflation, we are seeing some nascent signs, I’d say. Crude oil is down about 15 percent since President Trump took office."
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