• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
US Treasury Secretary Scott Bessent Attributes Inflation to Service Sector

US Treasury Secretary Scott Bessent Attributes Inflation to Service Sector

user avatar

by Tenzin Dorje

2 hours ago


In a recent interview with NBC News, US Treasury Secretary Scott Bessent addressed the ongoing concerns surrounding inflation in the United States. His remarks shed light on the underlying factors contributing to rising prices, challenging the common narrative that tariffs are to blame. According to the results published in the material, various economic indicators suggest that other elements are at play in this complex issue.

Влияние сервисной экономики на инфляцию

Bessent clarified that the increasing influence of the service economy is the primary driver of inflation, rather than tariffs imposed on imports. He pointed out that as the service sector expands, it significantly impacts overall price levels, which aligns with the current economic strategies of the US government that focus on promoting growth through trade policies and deregulation.

Изменение понимания инфляционных давлений

The Treasury Secretary's comments suggest a shift in understanding inflationary pressures, emphasizing the importance of domestic economic factors over external trade barriers. This perspective could have implications for future fiscal strategies and may bolster investor confidence as the administration navigates ongoing inflation challenges.

The rising costs of higher education have become a significant financial burden for families, as highlighted in a recent report. For more details, see more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

PepeNode Blends Meme Culture with Mining

chest

PepeNode has raised between $2.1 million and $2.7 million, offering a community-driven mining model where users can build and upgrade digital nodes to earn token rewards.

user avatarFilippo Romano

Wall Street Chain Targets On-Chain Gaming

chest

Wall Street Chain focuses on high throughput for gaming applications, with presale tokens priced around $0.000028846. This Layer1 blockchain is designed specifically for on-chain gaming, allowing multiple games to run in parallel.

user avatarEmily Carter

Trusted Smart Chain Wins Prestigious Blockchain Award

chest

Trusted Smart Chain received the Blockchain of the Year award at the IMPACT 25 New Frontier summit in Washington, DC, on January 9, 2026.

user avatarTomas Novak

Ethereum's Exchange Netflow Behavior Suggests Supply Tightening

chest

Ethereum's recent Exchange Netflow behavior indicates that price pullbacks are met with accumulation rather than distribution, suggesting a tightening supply.

user avatarKaterina Papadopoulou

International Scrutiny Intensifies on xAI's Grok Following California Order

chest

International scrutiny on xAI's Grok intensifies as multiple countries launch investigations following California's cease-and-desist order.

user avatarMaya Lundqvist

Anchorage Digital Aims for $400 Million Pre-IPO Fundraising

chest

Anchorage Digital is reportedly aiming to raise up to $400 million as part of its preparations for a potential IPO.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.