Bisent foresees Fed slowdown with Warech

U.S. Treasury Secretary Scott Bessent expressed confidence in the appointment of the new Federal Reserve Chairman, Kevin Warsh, and anticipated a decline in inflation following the end of the conflict in Iran. He stated that Federal Reserve policies will aim to maintain economic growth and control inflation, despite pressures from some politicians, with an expected rise in borrowing costs in 2026 due to inflation. He also indicated that an improvement in the situation in Iran could lead to lower energy prices and reduced inflation, while data predicts the inflation rate will rise to 4.1% in May, well above the Federal Reserve's 2% target.

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