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Treasury Secretary Bessent anticipates lower inflation by 2026

Treasury Secretary Bessent anticipates lower inflation by 2026

US Treasury Secretary Scott Bessent has unveiled an optimistic outlook for the American economy in 2026, forecasting a period of growth accompanied by low inflation. He indicated that a significant factor behind this trend would be lower energy prices, which are expected to reduce the overall consumer price index.

Speaking at a cabinet meeting at the White House, Bessent emphasized that the economy would maintain its upward trajectory, but this time without the pressures of high inflation. This projection suggests a stabilization of the macroeconomic environment, reflecting the administration’s confidence in the effectiveness of current market trends.

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