U.S. Treasury Secretary Scott Besant pointed out that the 43-day government shutdown caused $11 billion in economic losses, but he remains optimistic about economic growth next year. He believes that despite recession in certain sectors, there is currently no risk of negative overall economic growth, and attributes inflation to the service-based economy rather than tariff policies. He expects that falling energy prices will help reduce overall prices.
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U.S. Treasury Secretary Scott Besant pointed out that the 43-day government shutdown caused $11 billion in economic losses, but he remains optimistic about economic growth next year. He believes that despite recession in certain sectors, there is currently no risk of negative overall economic growth, and attributes inflation to the service-based economy rather than tariff policies. He expects that falling energy prices will help reduce overall prices.