Scott Bessent predicts US GDP growth will reach 3% this year, while traders on Kalshi express skepticism over the outlook.
US Treasury Secretary Scott Bessent stated that GDP growth could return to 3% before the end of the year, citing strong economic fundamentals despite geopolitical pressures. The forecast contrasts with recent market sentiment, which has shown caution amid inflation and policy uncertainty.
Bessent’s projection aligns with pre-pandemic growth trends but exceeds recent consensus estimates. Traders on the Kalshi platform, which allows bets on economic outcomes, have positioned themselves against the 3% target, reflecting doubts about sustained momentum.
No immediate market reaction was reported following the remarks, though the divergence highlights ongoing debates over the US economic trajectory.