‘Very, very optimistic’: Scott Bessent downplays 2026 recession fears in US economy
US treasury secretary Scott Bessent expressed strong optimism for 2026, predicting a strong, noninflationary growth economy driven by President Trump's tariff strategy and new trade agreements. He acknowledged some sectors are struggling but highlighted the "One Big, Beautiful Bill" and falling energy prices to cool inflation, while blaming increased regulation in Democratic states.
US treasury secretary Scott Bessent expressed strong optimism for 2026, predicting a strong, noninflationary growth economy driven by President Trump's tariff strategy and new trade agreements. He acknowledged some sectors are struggling but highlighted the "One Big, Beautiful Bill" and falling energy prices to cool inflation, while blaming increased regulation in Democratic states.
