US Treasury Secretary Bessent says underlying economy remains strong and still thinks growth could exceed 3% to 3.5% this year

Treasury Secretary Bessent's comments highlight confidence in the US economy's robust performance, suggesting growth could surpass previous expectations.

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Newsquawk Daily Asia-Pac Opening News - 15th April 2026

US Treasury Secretary Bessent says tariffs could be back in place to previous levels by July, and doesn't think there's a big risk from Trump's China trip; US wants to de-risk, not decouple from China and China's global trade surplus is getting excessive

US Treasury Secretary Bessent says underlying economy remains strong and still thinks growth could exceed 3% to 3.5% this year

US Treasury Secretary Bessent says will push for secondary sanctions on Iran if needed

ECB President Lagarde says ECB is in a good position to respond to the Iran situation, adds would be a mistake to say we need to look through the shock, and it's just too soon to make such a conclusion

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Context

This hawkish outlook may influence market sentiment, indicating potential strength in upcoming policy discussions and impacting rates across fixed income. Traders should consider how this commentary might shift expectations for future monetary policy adjustments and the implications for various asset classes.

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