{"id":431180,"date":"2026-05-30T03:00:27","date_gmt":"2026-05-29T20:00:27","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-bessent-on-iran-blockade-says-anything-that-is-taken-off-will-be-taken-off-slowly\/"},"modified":"2026-05-30T03:00:27","modified_gmt":"2026-05-29T20:00:27","slug":"us-bessent-on-iran-blockade-says-anything-that-is-taken-off-will-be-taken-off-slowly","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/us-bessent-on-iran-blockade-says-anything-that-is-taken-off-will-be-taken-off-slowly\/","title":{"rendered":"US Bessent on Iran blockade says anything that is taken off will be taken off slowly"},"content":{"rendered":"<div>\n<ul>\n<li>On Iran blockade says anything that is taken off will be taken off slowly<\/li>\n<li>There are 3 scenarios on Iran: deal, no deal, or kinetic action<\/li>\n<li>There&#8217;s more we can do on Iran if we have to<\/li>\n<li>See real wage growth to resume, on the other side of the war<\/li>\n<li>100% approve of the Fed getting rid of forward guidance<\/li>\n<li>Rates peaked the day before Warsh was sworn in<\/li>\n<li>People have a wrong notion of what a strong dollar means<\/li>\n<li>A strong dollar means doing the right things for the economy<\/li>\n<li>When asked about maintaining the dollar as a reserve currency he said nothing has changed<\/li>\n<\/ul>\n<p class=\"isSelectedEnd\">US Treasury Secretary Scott Bessent said the administration remains committed to pursuing a diplomatic resolution with Iran but warned that alternative options remain on the table if negotiations fail, while also offering a robust defense of the Federal Reserve&#8217;s evolving policy framework and the long-term strength of the US dollar.<\/p>\n<p class=\"isSelectedEnd\">Speaking about ongoing discussions with Iran, Bessent indicated that any easing of restrictions related to the US naval blockade would be implemented gradually rather than all at once.<\/p>\n<p class=\"isSelectedEnd\">He outlined what he described as three possible paths forward for the standoff with Iran: a negotiated agreement, a failure to reach a deal, or military action.<\/p>\n<p class=\"isSelectedEnd\">While emphasizing the administration&#8217;s preference for diplomacy, Bessent stressed that the US retains additional tools if negotiations break down.<\/p>\n<p class=\"isSelectedEnd\">On the domestic economy, Bessent struck an optimistic tone, arguing that real wage growth could strengthen once the current geopolitical conflict subsides and uncertainty begins to fade.<\/p>\n<p class=\"isSelectedEnd\">Bessent also weighed in on monetary policy, offering strong support for the Federal Reserve&#8217;s decision to move away from explicit forward guidance as a central communication tool.<\/p>\n<p class=\"isSelectedEnd\">The comments reflect a growing view among some policymakers that excessive reliance on pre-signaled policy paths can reduce flexibility and create market distortions when economic conditions change unexpectedly. Bessent suggested that a more data-dependent approach allows policymakers to respond more effectively to evolving economic circumstances.<\/p>\n<p class=\"isSelectedEnd\">Turning to the dollar, Bessent rejected what he described as common misconceptions about currency strength. Rather than focusing solely on the exchange rate, Bessent argued that a strong dollar should be understood as the product of sound economic policy, sustainable growth, and confidence in US institutions.<\/p>\n<p class=\"isSelectedEnd\">His remarks come amid ongoing debate over whether a stronger or weaker currency better serves US economic interests. Bessent&#8217;s comments suggest the administration continues to view the dollar&#8217;s strength as a reflection of broader economic fundamentals rather than a specific exchange-rate target.<\/p>\n<p class=\"isSelectedEnd\">When asked about maintaining the dollar&#8217;s status as the world&#8217;s primary reserve currency, Bessent sought to reassure markets that there had been no change in policy.<\/p>\n<p class=\"isSelectedEnd\">The statement is likely aimed at reinforcing confidence in the dollar&#8217;s central role in global finance at a time when some geopolitical rivals have sought to reduce their dependence on the US currency for international trade and reserves.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On Iran blockade says anything that is taken off will be taken off slowly There are 3 scenarios on Iran: deal, no deal, or kinetic action There&#8217;s more we can do on Iran if we have to See real wage growth to resume, on the other side of the war 100% approve of the Fed [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-431180","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=431180"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}