{"id":257924,"date":"2025-11-12T02:49:18","date_gmt":"2025-11-12T02:49:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/257924\/"},"modified":"2025-11-12T02:49:18","modified_gmt":"2025-11-12T02:49:18","slug":"bessent-deflects-inflation-concerns-sees-better-times-in-2026-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/257924\/","title":{"rendered":"Bessent Deflects Inflation Concerns, Sees Better Times in 2026"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">US Treasury Secretary Scott Bessent deflected concerns about high costs under President Donald Trump, saying the administration had inherited elevated price levels and that its policies would generate real income gains for American workers.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cWe inherited an affordability crisis,\u201d Bessent said on MSNBC Tuesday, adding that inflation was the worst in 40 or 50 years under President Joe Biden. \u201cWe have slowed the price increases down, and they are going to continue to slow down.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"US Treasury Secretary Scott Bessent deflected concerns about high costs under President Donald Trump, saying the administration had&hellip;\n","protected":false},"author":2,"featured_media":257925,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,2343,4229,1294,461,1431,6800,467,11750,72139,2255,69049,56,54,55,12556],"class_list":["post-257924","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-donald-john-trump","tag-economics","tag-economy","tag-elections","tag-inflation","tag-joe-biden","tag-markets","tag-mortgage-rates","tag-msnbc","tag-new-jersey","tag-u-s-democrats","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-utilities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/257924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=257924"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/257924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/257925"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=257924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=257924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=257924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}