Bessent: 'Not concerned' about inflation increase

Inflation Outlook - Inflation is not generalized, with much of it concentrated in services, unrelated to tariffs [1] - One-time price adjustments are not inflationary and lead to spending adjustments elsewhere [1] - Inflation expectations are well-anchored [2] Pricing Strategies - Exporters are lowering prices [2] - Corporate America has room to absorb costs [2]