According to the Zhitong Finance APP, Treasury Secretary Besant stated that a poll shows Americans want President Trump to focus more on reducing inflation, and he believes the pace of rising consumer prices in the U.S. will slow down this year.
Besant defended Trump's economic plan in an interview, stating that the president is seeking &#34;a comprehensive approach that includes imposing tariffs over time, reducing regulations, and providing cheaper energy.&#34;
He pointed out that the decline in U.S. mortgage rates and the drop in the 10-year Treasury yield (which is the bond I am &#34;watching&#34;) indicate that inflation will return to the Federal Reserve's target rate.
&#34;I expect inflation to soon fall to the Fed's 2% target,&#34; Besant said. &#34;Therefore, I expect inflation to continue to decline this year.&#34;
Besant told the media on Friday that he believes inflation could &#34;quickly&#34; return to the Fed's 2% target.
He stated, &#34;In the next 6 to 12 months, as we relax regulations and extract more American energy,&#34; and confirm the extension of the 2017 tax cuts, &#34;we can quickly return to the Fed's 2% target.&#34;
Besant responded on Sunday to data from a news poll released by CBS Sunday. The survey showed that while 82% of people said inflation should be Trump's top priority, only 29% said they believe Trump &#34;takes the inflation issue very seriously.&#34;
The poll, conducted from February 26 to 28, had 2,311 participants, with a margin of error of plus or minus 2.5 percentage points

U.S. Treasury Secretary Becerra expects inflation to reach the Federal Reserve's 2% target soon. He stated that polls show Americans want President Trump to focus more on reducing inflation and believe that the pace of consumer price increases will slow down this year. Becerra defended Trump's economic plan, arguing that by easing regulations and extracting more U.S. energy, inflation will quickly return to target levels within the next 6 to 12 months

- U.S. Treasury Secretary Besant stated that a poll shows Americans want President Trump to focus more on reducing inflation, believing consumer price increases will slow this year.  
- He defended Trump's economic plan, which includes tariffs, regulatory cuts, and cheaper energy, and expressed optimism that inflation could quickly return to the Federal Reserve's 2% target within 6 to 12 months.  
- Despite 82% of respondents indicating inflation should be Trump's priority, only 29% believe he is giving it significant attention, according to a recent poll conducted from February 26 to 28 with 2,311 participants.