Hassett: The US Iran agreement may lead to a decrease in energy prices, and the Federal Reserve will have room to cut interest rates

White House Chief Economic Advisor Hassett said in an interview with Fox News that after the US reaches an agreement with Iran, energy prices are expected to significantly decrease, and the Federal Reserve will have more room to lower interest rates. He stated that energy prices may rapidly decline and pointed out that this will provide conditions for the Federal Reserve to take lower interest rate actions. On the same day, Trump stated that negotiations with Tehran are progressing in an orderly and constructive manner.