Hassett, director of the White House National Economic Council, said it is time for the Federal Reserve to cut interest rates cautiously, expecting the impact of the government shutdown to be bigger than expected. A sharper rebound is expected in Quarter 1, with economic growth likely to reach 4% in 2026. (Golden Ten)
On November 26th, it was reported that as the selection of the new chairperson of the Federal Reserve entered its final weeks, White House National Economic Council Director Kevin Hassett was seen by Trump's advisers and allies as a frontrunner for the next chairperson of the Federal Reserve. However, people familiar with the matter also pointed out that Trump is known for making surprising personnel and policy decisions, so the nomination...
Hassett, director of the White House National Economic Council, said the unemployment rate is "slightly above" the equilibrium level.
Hassett, director of the White House's National Economic Council, said the record-long government shutdown meant that some economic data that was supposed to be collected in October might never be recorded, making it difficult to fully assess the health of the US economy. "I understand that some surveys were actually not completed at all, so we may never know what happened that month," he said.
White House National Economic Council Director Hassett: The impact of the government shutdown on the economy is much more severe than expected.
Hassett, director of the White House National Economic Council, said the inflation data was "excellent".
Hassett, director of the White House National Economic Council, said the inflation data was "excellent".
According to CNBC, Hassett, director of the White House National Economic Council, said that there is a possibility of progress on the government shutdown this week, and I think the government shutdown may end sometime this week.
Hassett, director of the White House National Economic Council: Plan to give a speech on artificial intelligence in one to two weeks. Trump still hopes that the government shutdown issue will be resolved amicably. The government shutdown will lead to a shutdown of almost everything except national defense. (Kim Ten)
Hassett, director of the White House National Economic Council: It is clear that Federal Reserve Chairperson Powell will cut interest rates.