Treasury Secretary Scott Bessent: ‘K-shaped economy is over’ and I’m ‘sick of hearing’ about it

Bessent made the comments in an interview on Tuesday—but economists say the data tells a different story.

Treasury Secretary Scott Bessent [Photo: Jim Lo Scalzo/EPA/Bloomberg via Getty Images]

Treasury Secretary Scott Bessent says the K-shaped economy is over, but the data and many economists tell a different story.

“I do believe the core inflation is slowing,” Bessent said in an interview with CNBC on Tuesday. “I got sick of hearing about this K-shaped economy. I can say here........

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