Sec. Scott Bessent: The Strong Dollar Policy Is That the U.S. Economy Is Pulling Away from the Rest of the World
‘We continue to have a strong dollar policy’
RUSH EXCERPT:
BESSENT: "We continue to have a strong dollar policy and the strong dollar policy is that you know, the, the US economy is pulling away from the the rest of the world You know, when, when I look, we have, you know, six six and a half percent nominal growth and the composition of that growth as The headline inflation comes down and the Atlanta GDP now number is 4% for this quarter That’s a very noisy number so don’t quote me on that But everything we’re seeing in terms of revenue growth at companies up about 12% So the underlying economy I think, is very strong And the only inflationary impulses that we’re seeing are coming from the energy which is temporary"
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