Hassett Indicates No Case for Rate Hikes Amid Strong Inflation Report
National Economic Council Director Kevin Hassett stated there is no justification to raise interest rates given the recent U.S. economic data, including a strong inflation report showing an annual rate of 3.5%. He expects Federal Reserve Chair Kevin Warsh will guide the Fed toward lower rates if current trends continue.
Topics: Fed Chair Kevin Warsh Inflation Report Interest Rates Kevin Hassett