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31d 19h ago
Hassett: Trump Sees Room for Fed Rate Cuts with 3% Growth and 1% Inflation — CNBC Interview About the Federal Reserve
COINOTAG News reports that in a CNBC interview, American National Economic Council Director Hassett discussed the Federal Reserve stance. He noted that President Trump’s view—that interest rates can be lower—aligns with a policy path allowing meaningful room for future rate cuts.
Looking ahead, Hassett said the economy could sustain roughly 3% growth while keeping inflation near the 1% target. Such a benign inflation/ growth setup would influence capital markets and, by extension, risk assets, including the crypto market, as liquidity conditions adjust.
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