StockNow
Log in
Politics

US Treasury Secretary Bessent says core inflation is low, consumer confidence is strong

StockNow breaking-news AI analysis

Treasury Secretary Bessent projects economic resilience, citing 3.3% core PCE and 55.2 Michigan sentiment, despite conflicting consumer confidence data and volatile energy prices following recent geopolitical shocks.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera