[Bessent: It Is Wise for the Federal Reserve to Observe the Development of the Iran Conflict] Golden Finance reported on April 14 that, according to U.S. financial media Semafor, U.S. Treasury Secretary Bessent stated at the 'Semafor World Economy' conference held in Washington, D.C., on Monday local time that during the Iran war, the Federal Reserve should 'wait and see' before deciding whether to lower interest rates. Regarding the question of whether interest rates should be reduced, Bessent said: 'Ultimately, they will be lowered. But I think right now we need to wait and see how the economy develops. However, I believe that after entering January, and during January and February—the economic performance has been very strong.' Bessent stated that the Federal Reserve's current approach of observing the development of the Iran conflict is a 'wise move.' Bessent said: 'If (the European Central Bank) raises (interest rates), I would be shocked. But what I want to say is that many European countries (such as the UK) and Asian countries are subsidizing demand, whereas we in the United States are not doing so.' Bessent expressed confidence that the recent price increases will not 'be incorporated into inflation expectations,' and he believes that the current inflation is temporary. (Jin10)