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Business & Finance
US Treasury chief says Fed should not hike rates over energy shock tied to Iran war
TL;DR
- During his speech, US Treasury Secretary Scott Bessent advocated for the Federal Reserve to keep an open mind about interest rate adjustments. He pointed out that the current economic indicators could be skewed due to a supply shock from the ongoing conflict in Iran.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Nov 13, 2026 · Updated 11/13/2026, 2:54:36 PM · Reported with: The Economic Times Markets
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