Scott Bessent Calls Rising Prices an 'Energy Shock' That Will Ease on 'the Other Side of the Iran Conflict'
Scott Bessent says September’s inflation jump is an energy shock, not broad price pressure, and prices will fall after the Iran conflict.
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Why It Matters
A leader says higher prices right now come from expensive energy. He thinks prices will go back down once fighting in Iran stops.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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