Bessent said there was no concern about the dollar amid the war with Iran.
U.S. Treasury Secretary Scott Bessant said on April 14 that he was not concerned about the possible weakening of the dollar due to the military operation of the United States and Israel against Iran.
"As you could see during the war, the dollar is strengthening. So I'm not worried about that," Bessent said in an interview with Semafor.
The head of the US Treasury also expressed the opinion that the US Federal Reserve System (FRS) should take a wait-and-see attitude on the issue of changing the base rate in the context of the conflict.
The Wall Street Journal (WSJ) reported on April 4 that the conflict over Iran strengthens the economic position of the United States, allowing them to strengthen their influence due to the status of a major exporter of energy resources. According to the financial conglomerate Citi, the growth of the eurozone economy is reduced by 0.4%, while the United States is only 0.1%.
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