MIDTERM NEWS 🚨

Senior Economic Advisor to the White House Kevin Hassett has called for the Federal Reserve System of the United States to begin a gradual reduction in interest rates. He points to cooling inflation, weakening labor market dynamics, and signs of financial pressure as indicators that excessively tight policy may be counterproductive.

Hassett emphasized that such cuts should be justified and gradual to ensure economic stability up to the new year. He also noted the growing sensitivity of global markets to U.S. monetary policy, making the upcoming decisions of the Fed particularly important.

#Fed #FOMCWatch #MonetaryPolicy #Economy 🇺🇸

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