National Economic Council Director Kevin Hassett has stated there is no justification for raising interest rates, citing recent positive U.S. economic data, including a favorable inflation report. Hassett anticipates that the Federal Reserve will consider lowering rates if current data trends persist. He also expressed confidence that Fed Chair Kevin Warsh, appointed by President Donald Trump, will guide the committee towards the appropriate decision.
Hassett Predicts Fed Rate Cuts Amid Positive Economic Data
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