US Fed Should Wait Before Cutting Interest Rates Amid Conflict With Iran - Bessent

NAMPA / Sputnik

2026-04-14

WASHINGTON, April 14 (RIA Novosti) - The US Federal Reserve should wait and see how the conflict with Iran develops before cutting interest rates, US Secretary of the Treasury Scott Bessent said. "Do I think rates should be lowered? Eventually. I think now that we have to wait and see," Bessent told Semafor on Monday. Amid the conflict with Iran, the Fed is "doing the right thing by sitting and watching," the Treasury secretary added. US Presi......

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