Bessent: 'I think we're going to see substantial disinflation'

Treasury Secretary Scott Bessent said the U.S. could see "substantial disinflation" after one to two more "hot inflation numbers." The comment points to expectations for easing price pressures, but it offers no new data or policy action. Market impact is likely limited unless future inflation prints confirm the outlook.

Analysis

Treasury Secretary Scott Bessent said the U.S. could see "substantial disinflation" after one to two more "hot inflation numbers." The comment points to expectations for easing price pressures, but it offers no new data or policy action. Market impact is likely limited unless future inflation prints confirm the outlook.