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Economics3h 6m ago
National Economic Council Director Kevin Hassett stated that interest rates should not be raised following lower-than-expected inflation figures in June.
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United States
Who
Kevin Hassett
What
National Economic Council Director Kevin Hassett stated that interest rates should not be raised following lower-than-expected inflation figures in June.
When
Wed, 15 Jul 2026 14:02:09 GMT · 3h 6m ago
Where
United States ·
Why
Inflation rose less than anticipated in June, leading to the conclusion that a rate hike is unwarranted.
The Frontline Impact
How this affects you
The statement from a top Trump official suggests potential pressure on the Federal Reserve regarding monetary policy decisions. Lower inflation could influence future economic strategies and market expectations.
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