US Treasury chief says Fed should not hike rates too much
TLT•Treasury Secretary Scott Bessent said the Federal Reserve should keep an open mind and not hike rates too much, linking the energy shock to the Iran war and describing the underlying economy as very strong.
1. Bessent comments on rates
Bessent told CNBC that the Federal Reserve should have an open mind and not hike rates too much. He said the energy shock was tied to the Iran war and that the underlying economy was very strong.
