US Treasury chief says Fed should not to hike rates too much

​Treasury ‌Secretary Scott Bessent ​told ‌CNBC that the US Federal Reserve ‌should have an open ‌mind and not hike ⁠rates ​too ⁠much, saying on Friday ⁠the "energy shock" ​was tied to ⁠the Iran war ⁠and ​that the underlying economy ⁠was very strong.