Bessent: Hopefully we don’t get a recursive Biden-flation

• We’re very vigilant about inflation, it could happen again
• Before we can bring down inflation, we also want to help affordability
• As we bring down inflation, we want to bring the absolute price level down through deregulation and bringing down interest rates for house payments and car payments

Another 10% in the stock market and a recession would do plenty to bring down interest rates.

This article was written by Adam Button at www.forexlive.com.