🏛️ White House Adviser Calls for Cautious Fed Rate Cuts
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White House economic adviser Kevin Hassett urged the Federal Reserve to move carefully on rate cuts, pointing to data showing the government shutdown shaved 1.5 percentage points off Q4 GDP. He expects a strong rebound in early 2026 as delayed economic activity resumes.
Markets are currently pricing in a 0.25% rate cut at the Fed’s December 9–10 meeting. Meanwhile, Hassett is emerging as a leading contender to become the next Fed chair, as inflation continues showing steady improvement.
📉📈 Should the Fed cut rates now — or wait until the economy proves its rebound?
