Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year

US Treasury chief says GDP growth can return to 3% before year’s end

Underlying economy remains strong as Iran war nears conclusion, Scott Bessent tells CNBC

Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year

Bessent sees his "3-3-3" plan as still in reach — 3% growth, a 3% deficit-to-GDP rate and a 3 million barrels per day increase in oil production.

Bessent says U.S. GDP growth can hit 3% by year’s end – CEO NA Magazine

Treasury Secretary Scott Bessent announced Wednesday that the U.S. economy can return to 3% growth as the Iran war draws to a close. “We can have something with a three in front of it this year,” Bessent told reporters. “The underlying economy has been strong.” Bessent’s comments follow a slow two quarters as the domestic economy has faced several challenges, including a resurgence in inflation, a once-moderating labor market, and the effects of…