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Treasury Secretary Bessent outlined his economic outlook, projecting between 4% to 5% real growth for the US economy this year. The remarks come amid broader policy discussions on trade dynamics.
On trade matters, Bessent urged restraint in escalation efforts against the US, emphasizing the importance of stability. He also called on all nations to maintain existing trade agreements, signaling a preference for predictability in international commerce.
The Treasury chief didn't shy away from addressing consumer sentiment either. He noted that Americans are still carrying inflation 'PTSD' from the Biden administration's tenure—a reference to how lingering concerns about price pressures continue affecting public confidence despite recent moderation.
Separately, Bessent's comments come as attention focuses on various Trump administration initiatives, including discussions around Greenland's strategic importance and other geopolitical considerations that could shape policy direction.
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Inflation PTSD haha, this term is used perfectly, ordinary people are still afraid.
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Trade stability? It's a bit late to talk about this now.
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Green Lan is back... Is this guy serious?
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Americans are still suffering from the aftermath of inflation, isn't this something they caused themselves?
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Stop talking about trade agreements, it's all just talk.
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4-5%... Ladies, I bet five bucks it won't even reach 3.
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The term "inflation PTSD" is spot on; the common people are still feeling the pressure.
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Trade stability... easier said than done, brother.
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Talking about Greenland again? This plot is quite surreal.
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Americans are really still freaking out over prices; good data is useless.
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Stable? Who believes that these days? Hold on and you'll win.
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4-5% sounds pretty optimistic, but it feels a bit unrealistic.
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inflation PTSD is really on point, Americans now find everything expensive
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Stable trade agreement? Haha, everyone knows what game we're playing
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Consumer confidence, to be honest, needs to develop slowly...
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The key is whether we can really bring down prices, otherwise it's all empty talk
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Regarding Greenland... this logic is a bit absurd
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Americans' anxiety indeed hasn't dissipated quickly; looking good on paper doesn't help
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After a round of trade wars, now they start advising "restraint"? That's interesting
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4% growth sounds good, but it depends on where the money is flowing
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Inflation PTSD, I need to remember this meme, it's so fitting
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Inflation PTSD haha, I laughed at this analogy. The American people have indeed been through a lot.
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Maintaining trade agreements? Feels like just acting...
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Talking about Greenland again here, this is really ridiculous.
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Stable and predictable, always the same lines every day, but what about actions?
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The problem is the common people don't believe the growth figures; purchasing power is the real measure.
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Inflation PTSD is a really spot-on term. I'm waiting here too.
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The trade war isn't over yet, and now they're here singing high praises...
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Why does it always feel like policies are so far from reality?
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Oh, here we go again talking about stability. What about before?
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Inflation PTSD haha, that term is perfect
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Always advising others to restrain, what about yourself?
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How long can the old tune of trade agreements be sung...
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When will the Greenland show be over?
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Americans are still scared after the previous price hikes
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Stability? First, ask if the crypto circle is stable
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A 4% growth rate sounds great, but can ordinary people feel it?
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Consumer confidence has been messed up, indeed
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This guy just knows how to talk pretty words