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Breaking News: U.S. Treasury Secretary Bessent Says Key Costs Are Dropping

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Treasury Secretary Bessent just announced some hopeful economic news:

Interest rates are going down

Mortgage rates are falling

Gasoline and energy prices are also dropping

And more decreases may be on the way

He delivered it with confidence — like a DJ spinning feel-good news. If he had a mic, he might’ve dropped it.

In simple terms: it’s like a Black Friday sale, but for your rent, gas tank, and home loan. Bessent is trying to shift the mood from economic stress to cautious optimism.

Reactions?

Wall Street liked it

Homebuyers were surprised

Your Uber driver probably still grumbled about fuel prices

But here’s the catch: even though numbers are falling, many people say their grocery bills and daily expenses still feel high.

If this trend continues, it could become a big talking point for Trump’s campaign — maybe even something like, “We didn’t just cut costs… we crashed them.”

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