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Bessent says Fed should 'wait and see' before lowering rates, Semafor reports

By Reuters April 13, 2026 Neutral
Bessent says Fed should 'wait and see' before lowering rates, Semafor reports
The Federal Reserve should "wait and see" before ​deciding whether to lower interest rates amid the war ‌in Iran, U.S. Treasury Secretary Scott Bessent told Semafor Editor-in-Chief Ben Smith on Monday.
The Federal Reserve should "wait and see" before ​deciding whether to lower interest rates amid the war ‌in Iran, U.S. Treasury Secretary Scott Bessent told Semafor Editor-in-Chief Ben Smith on Monday.