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CNBC

Bessent Predicts “Substantial Disinflation” as Kevin Warsh Set to Lead the Fed

U.S. Treasury Secretary Scott Bessent said Thursday he expects inflation pressures to cool after one or two more elevated readings, arguing the recent energy-driven spike should fade. He tied that outlook to continued U.S. oil output and noted Kevin Warsh was confirmed Wednesday to succeed Jerome Powell after Powell's term ends Friday.
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