Secretary Bessent stated that the Trump economy is performing effectively, noting an inflation rate of 2.1%, a “trueflation” rate of under 1%, robust economic growth, record-high stock markets, and historically low crime rates. This positive outlook aligns with recent Treasury statements that emphasize targeted fiscal measures to curb inflation, while financial market reactions reflect confidence in policies fostering growth and stability. Bessent’s remarks highlight a reliance on empirical data to counter criticisms from Democrats who are characterized as prioritizing rhetoric over analytical assessments.
US Treasury’s Bessent lauds positive economic indicators during Trump presidency
