Treasury Secretary Scott Bessent: ‘K-shaped economy is over’ and I’m ‘sick of hearing’ about it

Treasury Secretary Scott Bessent: ‘K-shaped economy is over’ and I’m ‘sick of hearing’ about it

💼 Finance & Business
Summary

Treasury Secretary Scott Bessent says the K-shaped economy is over, but the data and many economists tell a different story. “I do believe the core inflation is slowing,” Bessent said in an interview with CNBC on Tuesday.

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