Global Economy
US Treasury Secretary Bessent says "core inflation was 2.5%, a very good number, moving toward the Fed’s 2% target"
StockNow breaking-news AI analysis
Secretary Bessent views 2.5% core inflation as a positive trend toward the 2% target, significantly lowering September rate hike expectations despite internal Fed pressure for further tightening.
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.