Hasset: Fed Needs to Cut Rates Cautiously, Has Not Discussed Fed Chair Nomination with Trump

BlockBeats News, December 5th - Hassett, Director of the White House National Economic Council, stated that it is time for the Fed to cautiously cut interest rates. The impact of the government shutdown is expected to be greater than anticipated.

A larger rebound is expected in the first quarter of next year. The economic growth rate in 2026 may reach 4%. The development pace of the AI economy has exceeded that of the Internet economy in the 1990s.

If the Supreme Court rejects tariffs, it will cause significant chaos. The issue of the Fed chairmanship has not been discussed with U.S. President Trump. (IG)