Odaily reports that White House National Economic Council Director Hassett stated, "Given the positive shocks on the supply side, there is still considerable room for interest rate cuts, and the Fed's independence is crucial. If I were the Fed Chairman, I would have to negotiate with other committee members on the issue of rate cuts. If President Trump has sufficient reasons, and I agree, I will raise it with others." (Jinshi)
Hassett: There is still plenty of room for interest rate cuts
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Source:KuCoin News
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