Treasury chief says US growth may exceed 3% or 3.5% this year despite Iran war
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US Treasury Secretary Scott Bessent predicts the US economy may grow over 3% or 3.5% this year despite the impact of the US-Iran conflict. The International Monetary Fund has cut its global growth forecast due to the war's effect on energy prices.
Treasury Secretary Scott Bessent says the US economy remains strong. He predicts growth could exceed 3% or 3.5% this year. The US-Iran conflict has raised oil prices and shaken markets. The International Monetary Fund has cut its growth outlook. Bessent also discussed US tariffs, saying they could return to previous levels by July.
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