Hassett: Room for Rate Cuts, But Inflation Matters

White House economic advisor Kevin Hassett suggests theres room for further interest rate cuts, contingent on stable inflation. He sees the current period as transformative, implying potential policy adjustments. Hassett, a candidate for Federal Reserve chair, emphasizes data-driven decisions, ruling out rate cuts if inflation rises significantly. His stance underscores the balance between economic growth and inflation control.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.