Bessent Credits Trump Policies for Inflation Slowdown
Bloomberg Television·2025-06-11 20:38
By challenging the decades old status quo on tax and trade. President Trump is breathing, breathing new life into the American economy. More than 500,000 private sector payroll jobs have been added since January.Most importantly, inflation in the U.S. is at its slowest pace since 2021. And the numbers we received today take us back to the slowest pace since 2020. Most importantly.We are decelerating cost increases for shelter, food and energy. After four years of price increases, diminishing the U.S. standa ...