Editor's PiCK

White House National Economic Council Chair: "United States, Appropriate to Consider Rate Cut"

Source
Son Min

Summary

  • Kevin Hassett, the Chairman of the White House National Economic Council, stated that it is appropriate to consider a rate cut.
  • This remark is interpreted as a signal of a possible change in the monetary policy of the United States.
  • It was reported that Chairman Hassett had also been mentioned as a candidate for the next Fed Chair.

Kevin Hassett, the Chairman of the White House National Economic Council (NEC), has expressed his stance on a rate cut.

According to Walter Bloomberg on the 25th (local time), Kevin Hassett stated that "it is appropriate to consider a rate cut."

Previously, he had also been mentioned as a candidate for the next Fed Chair.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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