White House's Hassett Criticizes Fed Officials over Rate Hike Calls
7 Articles
7 Articles
The director of the U.S. National Economic Council, Kevin Hassett, criticized authorities of the Federal Reserve (Fed) not indicated by President Donald Trump who, according to him, defend a more harsh monetary policy despite a contained inflation. Hassett stated, in an event at Georgetown University on Wednesday night (23), that Kevin Warsh is ahead of a Fed . Uncommonly partisan . . . and that restoring the independence of the central bank is …
Hassett Blasts Fed Officials Calling for Hikes in Recent Days
A senior White House official on Wednesday criticized Federal Reserve policymakers who haven’t been appointed by President Donald Trump seeking to tighten monetary policy in the face of inflation he characterized as subdued.
According to ChainCatcher, White House National Economic Council Director Hassett criticized recent comments from Federal Reserve officials supporting interest rate hikes, saying that continuing to tighten policy with core inflation near 2% is worrying. Hassett questioned the interest rate stance of some officials and said that Federal Reserve Chairman Warsh faces the task of restoring his independence.
White House’s Hassett criticizes Fed officials over rate hike calls
Hassett's critique may influence future Fed policy, affecting market expectations and economic stability amid ongoing monetary policy debates. The post White House’s Hassett criticizes Fed officials over rate hike calls appeared first on Crypto Briefing .
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