Reported about 9 hours ago
In a recent interview, U.S. Treasury Secretary Scott Bessent addressed concerns about tariff policies, inflation, and the potential for a recession amidst mixed economic signals. He expressed optimism about upcoming clarity on trade agreements with major partners, excluding China, and stressed the importance of simultaneous efforts in tax reform and deregulation, aimed at stabilizing the economy. Bessent acknowledged worries from financial leaders regarding recession but maintained confidence in the overall economic health as consumer spending remains solid.
Source: YAHOO