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Hassett Says Inflation Data Makes Fed Chair Warsh’s Job a Bit Easier, Reaffirms Confidence

Source
JH Kim

Summary

  • Kevin Hassett, director of the National Economic Council, said the inflation data released today had made Federal Reserve Chair Kevin Warsh’s job a little easier.
  • Hassett said the inflation data had improved the environment for Federal Reserve Chair Kevin Warsh to carry out policy.
  • Asked about Federal Reserve Chair Kevin Warsh, Hassett answered, “Of course,” reaffirming his confidence in him.

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Photo: Shutterstock
Photo: Shutterstock

Kevin Hassett, director of the White House National Economic Council, said on July 30 that the inflation data released earlier in the day had made Federal Reserve Chair Kevin Warsh’s job “a little bit easier,” Walter Bloomberg reported.

Asked whether he still had confidence in Warsh, Hassett replied, “Of course,” reaffirming his trust in the Fed chief.

#Inflation
#Federal Reserve
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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