Scott Bessent Says US Core Inflation Falls to 2.5% as Lower Wage Workers Gain 5.5%

U.S. Treasury Secretary Scott Bessent said lower-paid American workers are recording stronger wage growth as core inflation eases, arguing that recent economic gains have become more evenly distributed across incomes. Ad Ad Bessent Points to 5.5% Wage Growth for Lower Earners Bessent said wages for workers in the bottom 25% of the income distribution increased