Hassett: We do not want to inflate our way out of debt; the current level of interest payments is unacceptable.

BlockBeats news, October 2: White House National Economic Council Director Hassett said that Warsh still needs to deal with the situation left by Powell, which is "very unusual." Hassett said the United States "does not want to inflate its way out of debt," the current level of interest payments is "unacceptable," and the president is very serious about reducing the deficit. He also said that rising U.S. bond yields are due to a strong economy, and expressed respect for the Federal Reserve's independence. Data show that U.S. consumption is very strong, holiday-season consumption is expected to perform strongly, and he said there is a lot of good news this week. (Jinshi)