Hassett Sees Room for Interest Rate Cuts Amid Supply Side Gains

2025-12-16 22:35

White House National Economic Council Director Hassett has indicated that there is significant potential for interest rate cuts due to positive supply side developments. He emphasized the importance of the Federal Reserve's independence in these decisions. Hassett noted that if he were the Fed Chairman, he would engage in discussions with other committee members regarding rate cuts. He also mentioned that if President Trump presented compelling reasons, he would support raising the issue with others.

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