A post by @FirstSquawk on X.
WHITE HOUSE ECONOMIC DIRECTOR HASSETT ON FED: INFLATION SHOULD BE DECELERATING -CNBC
@FirstSquawk on X
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White House economic director Kevin Hassett said inflation should be decelerating, according to CNBC. The remark, relayed by First Squawk, comes as markets weigh the Federal Reserve's policy path. It matters because investors are looking for confirmation that price pressures are easing before the Fed considers rate cuts. Watch upcoming inflation data and Fed commentary for corroboration of Hassett's view.
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Named in this story
Federal Reserve, Kevin Hassett, White House, CNBC