US Treasury Secretary Scott Bessent sounded assured on the inflation outlook, suggesting value pressures might return near the Fed’s 2% goal by mid-year.
Key Quotes
Do not wish to decouple with China, wish to de-risk
There’s a good likelihood 2025 GDP progress shall be 3%.
The bond market is so tame as a result of we’re sorting the fiscal home.
On inflation:
Predict again close to the Fed’s 2% goal by the center of this 12 months.
