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US Treasury warns against rate hikes during US-Iran war energy ‘shock’
Despite Treasury’s Scott Bessent’s remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.
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Despite Treasury’s Scott Bessent’s remarks, financial tracker CME Fed Watch forecasts rate hike in December likely. US Treasury Secretary Scott Bessent has called on the Federal Reserve not to hike interest rates because of an “energy supply shock” tied to the US-led conflict with Iran.
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