The Treasury Secretary, Besent, said that the White House focuses on the “real economy” and does not care about marketing “a bit” market

The secretary of the Treasury, Scott Besent, said Thursday that the Trump administration is more focused on long -term health of the economy and markets and not on short -term turns.

“We are focused on the real economy. Can we create an environment in which there is long -term profits in the market and long -term profits for the American people?” Besent said in CNBC “GRAZNATE IN THE STREET. “” I am not worried about volatility for three weeks. “

The comments come with markets in a state of agitation largely focused on the president Donald TrumpThe almost daily movements daily against the main US business partners such as Canada, Mexico and China. Important averages have moved towards the territory of correction, such as the Dow Jones industrial It has lost more than 7% during the past month.

While Besent said that the administration is attentive to market movements, predicted that both the real economy and the markets would prosper over time.

“The reason why actions are a safe and excellent investment is because it is looking in the long term. If you start looking at Micro Horizons, the actions become very risky. Therefore, we are focused on the medium, in the medium,” he said in the interview with Sara Eisen de CNBC. “I can tell you that if we establish the appropriate policies in your place, you will lay the foundations for real income and work profits and continuous profits of assets.”

The actions were again volatile in the morning trade, with the averages, even when Besent spoke.

Early in the morning, the Office of Labor Statistics reported that wholesale inflation was flat in February, well below the expectations of Wall Street for an increase of 0.3%. That followed a report on Wednesday that indicates that the consumer price rate had also pushed lower, providing some news welcome amid the concerns that Trump tariffs would aggravate inflation.

“Maybe inflation is under control and the market will have some confidence in that,” said Besunt.