US Treasury Secretary Bessent: Don't want to decouple with China, want to de-risk
View all comments(0)
US Treasury Secretary Scott Bessent sounded confident on the inflation outlook, suggesting price pressures could return close to the Fed’s 2% target by mid-year.
Key Quotes
Don't want to decouple with China, want to de-risk
There is a good chance 2025 GDP growth will be 3%.
The bond market is so tame because we're sorting the fiscal house.
On inflation:
Predict back near the Fed's 2% target by the middle of this year.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
The Week Ahead: US Midterm Elections and October Nonfarm Payrolls Arrive as Earnings From Apple, Palantir, AMD Take Center Stage

Today’s Market Recap: Three Major US Indexes Plunge, Philadelphia Semiconductor Index Tumbles Over 7%, Oil Falls, Gold and Silver Advance

Apple Earnings Preview: Can iPhone Offset Memory Cost Pressures? Wall Street's Highest Target Hits $400

AMD Q3 Earnings Preview: Can AI Chip Growth Reverse an 11% Decline? Wall Street's Highest Target Price at $1,250

Palantir Q3 Earnings Preview: Revenue Expected to Grow 84% Above High End of Company Guidance, Highest Wall Street Target Reaches $265




Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.