The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On May 14, Treasury Secretary Scott Bessent stated that the U.S. will experience significant disinflation following one or two more hot inflation numbers. Bessent's comments come as Kevin Warsh is poised to take over as the chair of the Federal Reserve.