U.S. Treasury Secretary Scott Bessent stated that he is confident inflation can return close to the FED's target of 2% by mid-year.
He emphasized that the U.S. does not want to completely separate from China but aims to minimize risks in the economic relationship.
Bessent also believes it is highly likely that U.S. GDP growth in 2025 will reach about 3%, and the bond market is currently quite stable thanks to the government improving fiscal discipline.#TradeCryptosOnX $BTC
He emphasized that the U.S. does not want to completely separate from China but aims to minimize risks in the economic relationship.
Bessent also believes it is highly likely that U.S. GDP growth in 2025 will reach about 3%, and the bond market is currently quite stable thanks to the government improving fiscal discipline.#TradeCryptosOnX $BTC