News Summary

• Treasury Secretary Scott Bessent says the economy is "accelerating" and inflation, along with bond yields, will come back down once the conflict in Iran ends.
• But not everyone sees the wage picture the same.
• One economist says wages adjusted for inflation will likely fall 0.6% year over year, marking a sixth consecutive month of contraction.
• Another says declining real wages begin to act as a mild drag on growth heading into the final quarter of 2026 and early 2027.