Kevin Hassett, director of the White House National Economic Council, said on July 15 that the data gives the Federal Reserve no reason to raise interest rates. He also said he believes Warsh will help lead the Federal Reserve to the right answer on rates. In the same remarks, Hassett added that Iran’s ability to threaten the global economy has declined. The comments were cited by BlockBeats.
BlockBeats reported on July 15 that Kevin Hassett, director of the White House National Economic Council, said the data shows the Federal Reserve has no reason to raise interest rates.
Hassett also said he believes Warsh will help guide the Federal Reserve to the right answer on interest rates. He added that Iran’s ability to threaten the global economy has declined.
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