The Secretary of the Treasury of the United States, Scott Bessent, stated this Tuesday (10) that if he receives the approval of the North American Senate and actually occupies the position of chair of the Fed, he will be attentive to ensure that there is no “time mismatch” between employment and productivity, given the rapid advances in artificial intelligence (AI).
The statement was made via video during an event promoted by BTG Pactual, in São Paulo.
Bessent said the US had average economic growth of 4.1% in the last three quarters of 2025 and predicted that nominal GDP growth could reach 6% this year without inflation.
Bessent highlighted that, historically, a productivity boom is accompanied by an employment boom, and that the Fed will be watching this carefully “just to make sure there’s not a timing mismatch.”
