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US · 2 hrs ago
✦ 72◉ Centre
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
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Credibility 72/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Treasury Secretary Bessent expresses confidence in near-term disinflation while Kevin Warsh takes over leadership at the Federal Reserve, attributing expected price relief to continued U.S. energy production.
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."
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