Bessent calls inflation ‘short-term blip’

Key insight: Treasury Secretary Scott Bessent said he believed the recent bout of inflation was temporary and that inflation would ease over time, saying inflation is overall better than it was under former President Biden.  Supporting data: Inflation rose by 3.8% in April on an annual basis, due to high energy costs related to the […]

Bessent calls inflation ‘short-term blip’ Read More »