Is The US Economy About To Boom In 2025?

About Is The US Economy About To Boom In 2025?

US Treasury Secretary Scott Bessent reported positive economic news to Congress, including the creation of 464,000 new jobs, renegotiations of 17 tariff deals, and no signs of recession. He emphasized stronger-than-expected job growth, cooling inflation, and the nearing completion of trade deals. Bessent credited Trump's tariff schedule and denied recession fears, suggesting possible GDP revisions and a potential economic recovery.

Duration

56 sec

Released

2025