{"id":619022,"date":"2025-12-08T00:57:16","date_gmt":"2025-12-08T00:57:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/619022\/"},"modified":"2025-12-08T00:57:16","modified_gmt":"2025-12-08T00:57:16","slug":"u-s-will-finish-the-year-with-3-gdp-growth","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/619022\/","title":{"rendered":"U.S. will finish the year with 3% GDP growth"},"content":{"rendered":"<p>U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City.  <\/p>\n<p>David Dee Delgado | Getty Images Entertainment | Getty Images<\/p>\n<p>More CNBC coverage on U.S. economy<\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/2025\/10\/24\/cpi-inflation-september-2025.html\" target=\"_blank\" rel=\"noopener\">latest report on inflation<\/a>, delayed by the government shutdown, showed consumer prices rising 3% year-over-year in September, including a 3.1% uptick in cost for food at home. <\/p>\n<p>As rising prices continue to affect consumers, President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a> has pushed back on the idea that Americans are struggling financially. <\/p>\n<p>&#8220;The word &#8216;affordability&#8217; is a con job by the Democrats,&#8221; Trump said during a cabinet meeting on Tuesday. &#8220;The word &#8216;affordability&#8217; is a Democrat scam.&#8221;<\/p>\n<p>Lately, voters have expressed frustration with Trump&#8217;s handling of the economy. Around two-thirds of registered voters say the Trump administration has fallen short on the economy and the cost of living, according to a <a href=\"https:\/\/www.nbcnews.com\/politics\/elections\/poll-frustration-trump-gives-democrats-opening-year-midterms-rcna240551\" target=\"_blank\" rel=\"noopener\">recent poll from NBC News<\/a>.<\/p>\n<p>When asked about Trump&#8217;s comments on Sunday, Bessent said that the administration was dealing with inflation issues leftover from the Biden administration and pointed to media coverage as a source of Americans&#8217; view of the economy. \u00a0<\/p>\n<p>&#8220;The American people don&#8217;t know how good they have it,&#8221; he said. &#8220;Now, Democrats created scarcity, whether it was in energy or over-regulation, that we are now seeing this affordability problem, and I think next year we&#8217;re going to move on to prosperity.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at&hellip;\n","protected":false},"author":2,"featured_media":619023,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[16650,5464,5466,51,3085,3686,32,4750,1700,285,16678,33700,7686,5465,16,15,49],"class_list":{"0":"post-619022","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-breaking-news-business","9":"tag-breaking-news-economy","10":"tag-breaking-news-politics","11":"tag-business","12":"tag-business-news","13":"tag-donald-j-trump","14":"tag-donald-trump","15":"tag-economic-events","16":"tag-economy","17":"tag-politics","18":"tag-prices","19":"tag-retail-industry","20":"tag-scott-bessent","21":"tag-u-s-economy","22":"tag-uk","23":"tag-united-kingdom","24":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115681233869231585","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/619022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=619022"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/619022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/619023"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=619022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=619022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=619022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}