White House Advisor Suggests AI and Fiscal Policy Could Enable Fed Rate Cuts
White House advisor Kevin Hassett stated that advancements in AI and current fiscal policy could create conditions for the Federal Reserve to resume interest rate cuts.
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White House advisor Kevin Hassett stated that advancements in AI and current fiscal policy could create conditions for the Federal Reserve to resume interest rate cuts.
Gold and silver rose after weak jobs data were reported.
Federal Reserve official Neel Kashkari has made statements regarding the economic outlook, engaging with comments from Kevin Hassett.
Kevin Hassett, who is reportedly in the front-running to be the next Fed Chair, stands next to President Donald Trump in the Oval Office Chip Somodevilla/Getty Images Trump's top economic advisor sai

Former National Economic Council Director Kevin Hassett has strongly criticized a New York Fed tariff study, calling it the 'worst paper I've ever seen' and suggesting its authors should be disciplined for ignoring key aspects of how duties worked.
Doradca ekonomiczny Białego Domu Kevin Hassett stwierdził, że niektóre statki zaczynają przepływać przez cieśninę Ormuz.
Watch Hassett on Oil Price Pressure, US Jobs Report Bloomberg.com

A top Federal Reserve official, Neel Kashkari, has accused the White House of escalating its assault on the central bank, specifically criticizing a Trump adviser who questioned research on tariffs.

The UN missions of 85 countries on Wednesday condemned a series of Israeli measures designed to tighten control over the West Bank, including in areas administered by the Palestinian Authority under the Oslo Accords, in place since the 1990s. It came as Israel's far-right finance minister Bezalel Smotrich said he would pursue a policy of "encouraging the migration" of Palestinians from the occupied West Bank and Gaza Strip.
A Trump adviser, Hassett, has suggested that New York Fed researchers should be punished for their arguments regarding tariffs.
An opinion piece from The Observer critiques Kevin Hassett's actions, suggesting he should be more careful in his public statements or behavior.
White House adviser Hassett has called for 'discipline' among Federal Reserve economists regarding their study on tariffs, suggesting potential political pressure on economic analysis.

Donald Trump's political team held a strategy session to focus on the economy as a key issue for the upcoming midterm elections, aiming to highlight affordability efforts.
Articles discuss the economic ideas and potential impact of Donald Trump's nominees for the Federal Reserve, including Kevin Warsh and Kevin Hassett. They explore their past stances and what their appointments could mean for the central bank.