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Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'

Summary by Seeking Alpha
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Scott Bessent no longer knows where to lead. The growth target of 3% that he set himself with tax cuts, public spending, the division by two of the public deficit and the preservation of the dollar is far from being acquired. At the beginning of the week he claimed to want to include in the trade negotiations in Sweden at the end of the month the purchases by China of Iranian and Russian oil, on the pretext of the US sanctions.Here he takes on t…

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histoireetsociete.com broke the news in on Wednesday, July 23, 2025.
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