U.S. Treasury Secretary Discusses Economic Growth and Upcoming Trade Announcements

According to PANews, U.S. Treasury Secretary Besent stated that the United States aims to achieve economic growth without triggering inflation. He mentioned that several trade-related announcements will be made within the next 48 hours. Besent noted that he received numerous new proposals last night, indicating shifts in positions among many negotiators. Regarding positions within the Treasury and the Federal Reserve, Besent affirmed his commitment to act according to U.S. President Donald Trump's directives. On the topic of interest rates, he suggested that the market might be factoring in Trump's views on rates. He emphasized that this is not solely a matter for the Federal Reserve Chair but involves the entire committee. Besent also commented on currency fluctuations, stating that the rise and fall of the dollar are natural occurrences and not abnormal movements.