JUST IN: ๐บ๐ธ White House Advisor Kevin Hassett says itโs time for the Federal Reserve to cautiously begin cutting rates signaling that the administration sees enough cooling in inflation and broader economic risks to justify a gradual shift in policy.
A move toward rate cuts would mark a major pivot after years of tightening, with big implications for markets, borrowing costs, and economic sentiment heading into 2025.
#FederalReserve #InterestRates #Economy #FinanceNews #Markets
A move toward rate cuts would mark a major pivot after years of tightening, with big implications for markets, borrowing costs, and economic sentiment heading into 2025.
#FederalReserve #InterestRates #Economy #FinanceNews #Markets