Hassett Says Ending Iran War May Create Room for Fed Rate Cut

Hassett Says Ending Iran War May Create Room for Fed Rate Cut

White House chief economic adviser Kevin Hassett signaled that a US-Iran deal would trigger an oil price plunge, creating room for the Fed to cut rates — days after new Fed chair Kevin Warsh was sworn in. With US CPI at 3.8% (highest in nearly three years) driven by energy, a resolution in the Strait of Hormuz dispute is now a key macro variable for any tech budget or debt-financed investment planning in H2 2026.