Bessent forecasts real wage gains could return as soon as this month after inflation spike.
“I would expect that perhaps as soon as this month, we're going to see real wage gains.”
Bessent expects real wage growth to resume as soon as next month after April spike.
“But we had had before April, we had seen real wage growth for working Americans every month during President Trump's presidency, and I would expect maybe even as soon as next month we will go back to that.”