White House National Economic Council Director Hassett said Trump did not offer advice to the Federal Reserve, emphasizing respect for the Fed's independence. He also noted that the U.S. will immediately feel the impact of future prices, with rate hikes being a discussed option and high oil prices seen as a short-term phenomenon.
White House National Economic Council Director Kevin Hassett stated that after speaking with President Trump last night, the president did not provide any advice to the Federal Reserve. Hassett reiterated that the administration respects the Fed's independence and is doing everything possible to lower prices. He added that interest rate hikes are among the options on the table, and that high oil prices are a temporary phenomenon, with the U.S. set to feel the impact of future prices immediately.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
