Hasset: Fed Should Not Raise Interest Rates, Will Have Room to Cut

BlockBeats News, June 5th, National Economic Council Director at the White House, Hassett, still believes that the Fed should not raise interest rates and may have room to cut rates, despite the release of better-than-expected non-farm payroll data. Hassett said, "The Fed has always been behind the curve, and there is still a lot of room for rate cuts."