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Fed

US Treasury Secretary Bessent says the Fed have to be thinking 9-, 12-, 18-months out; core inflation is slowing, via CNBC interview

StockNow breaking-news AI analysis

Secretary Bessent claims the K-shaped economy has ended as core inflation slows and lower-end wages improve, urging the Fed to maintain a long-term forward-looking policy stance.

News detail

K-shaped economy is over. Lower-end wage earners are doing better.

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