Hassett calls Fed rate move 'prudent' despite Trump's call for steeper cuts
PositiveU.S News

Kevin Hassett, President Trump's economic adviser, has praised the Federal Reserve for its recent decision to cut interest rates by 0.25 percentage points, calling it a 'prudent' move. This endorsement comes despite Trump's push for more aggressive cuts. Hassett's support highlights a nuanced approach to economic policy, suggesting that while the administration seeks to stimulate growth, it also recognizes the importance of careful monetary policy. This balance is crucial for maintaining economic stability.
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