US Treasury Secretary Bessent: Don't want to decouple with China, want to de-risk

FXStreet Team FXStreet

US Treasury Secretary Scott Bessent sounded confident on the inflation outlook, suggesting price pressures could return close to the Fed’s 2% target by mid-year.

Key Quotes

Don't want to decouple with China, want to de-risk

There is a good chance 2025 GDP growth will be 3%.

The bond market is so tame because we're sorting the fiscal house.

On inflation:

Predict back near the Fed's 2% target by the middle of this year.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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