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White House Economic Advisor Hassett Says Fed Should Cut Rates, Not Raise Them on June 5

2026-06-05 13:17:35

On June 5, White House National Economic Council Director Kevin Hassett stated that the Federal Reserve should not raise interest rates and has room to cut them. "The Fed has consistently lagged behind the situation, and there remains substantial room for rate cuts," Hassett said following better-than-expected employment data.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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