Bessent: US inflation expected to fall sharply next month

A Treasury Secretary publicly flagging a sharp near-term inflation drop is notable less for the forecast itself than for the signal it sends about the administration's read on price pressures, especially with no supporting data attached. For crypto and RWA markets, which have traded heavily on rate expectations, the gap between this claim and the actual print is the real story. Whether the incoming data validates the call — or exposes it as premature — is the open question worth watching.