Treasury Secretary Scott Bessent emphasized the Trump administration’s focus on the long-term health of the economy and markets, rather than short-term market fluctuations, during an interview on CNBC’s “Squawk on the Street.” Despite recent market turmoil due to tariff actions, Bessent expressed confidence that both the real economy and markets would thrive over time with proper policies in place. He noted that recent reports indicating flat wholesale inflation and lower consumer price rates may help instill confidence in the market.
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