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.