US Treasury Secretary Bessent Forecasts Inflation Near 2% by Mid-2026

The primary official sources from the U.S. Department of the Treasury, including official press releases and policy pages under Treasury.gov, are authoritative and directly represent statements from Treasury Secretary Scott Bessent. Multiple Treasury press materials contain remarks by Secretary Bessent addressing macroeconomic conditions and projecting that inflation is expected to hover near 2% by mid-2026. The sources are fully official (.gov domain) and indicate this forecast within formal communications to Congress and the public, suggesting that it is an authentic statement made as part of official forward guidance discussions. No contradictory evidence is present among the reviewed Treasury materials, nor do they suggest any alternative inflation projection inconsistent with the 2% figure. Given the high authority and relevance of the cited Treasury communications, and the absence of refuting data, the evidence strongly supports that Bessent indeed forecasted inflation to be approximately 2% by mid-2026.