US Treasury Sec Bessent: Real wage growth to resume, on the other side of the war | Metals Mine

  • US Treasury Sec Bessent: Real wage growth to resume, on the other side of the war

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Added at 2:32pm

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DwnUndrTrdr
May 29, 2026 6:44pm — Edited
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US Treasury Secretary Bessent: "100% approve of the Fed getting rid of forward guidance."
But Bessent himself will still have a go....
US Treasury Secretary Bessent: "Rates peaked the day before Warsh was sworn in." Wow... the day before Warsh was sworn in! Subtle!

Anyway, with his form he should maybe leave things alone...
"I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September. If you look at any model, it suggests that we should probably be 150, 175 basis points lower." August 2025

Bessent has the ear of the President and Bessent has his own eyes. Projections on anything involving President Trump are fraught with danger given his chaotic, sorry, I mean 4D chess style.
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