economic transition – The Milli Chronicle

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NewsDesk Milli Chronicle November 2, 2025 affordable housing, consumer confidence, economic growth, economic outlook, economic transition, Federal Reserve, fiscal policy, high interest rates, home sales, housing market recovery, housing recession, inflation control, Jerome Powell, monetary policy, mortgage affordability, mortgage rates, rate cuts, Scott Bessent, Stephen Miran, Trump administration, U.S. economy, U.S. housing stabilization, U.S. real estate, U.S. Treasury Secretary

Bessent Sees Brighter Economic Outlook as Housing Sector Faces Adjustment

Treasury Secretary urges faster rate cuts to strengthen consumer confidence and stabilize housing growth. U.S. Treasury Secretary Scott Bessent has