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In a comment thatâll probably spark both sighs of relief and a few raised eyebrows, Treasury Secretary Bessent insists that the U.S. economy isnât on the brink of a recession â not even close, according to her.
Funny how these statements land, right? One moment markets are jittery like theyâve had too much cold brew, and the next, officials step up to say, essentially, âRelax, weâve got this.â Maybe sheâs right. Maybe itâs wishful optimism. Perhaps a bit of both.
Still, her tone suggests confidence â or at least the kind of confidence policymakers like to project when the spotlight gets a little too bright.