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Scott Bessent: “Interest rates will come down when we get on the other side…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Scott Bessent Takes Reporters' Questions At G20 Finance Meeting In Asheville, North Carolina

Published | Video Starts at 23:21

Then we will see when the factory jobs come online and the economy here is very, very strong. And I think reaccelerating and this is in the face of this Iran conflict, Interest rates will come down when we get on the other side of this [Iran conflict]. the economy will accelerate. And I would add too that right now we have what Alan Greenspan would have called a conundrum that we have large borrowings by AI institutions. (23:21–23:29)

CLAIM

Asserts that interest rates are expected to decrease post-conflict.

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