Trump Adviser Hassett Predicts Oil Prices Will Plummet on US-Iran Deal, Creating Fed Rate-Cut Room

GateNews
According to Jin10, on May 25, Kevin Hassett, chief economic adviser to U.S. President Trump, stated that oil prices will plummet once a U.S.-Iran agreement is reached, providing the Federal Reserve with sufficient space to lower interest rates. Hassett emphasized that energy price declines could eventually lead to negative inflation, as core prices remain stable with only energy prices driving recent inflationary pressure.
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