🛸 CASE FILE #157
🇺🇸 White House: "We See NO REASON for a Rate Hike."
White House adviser Kevin Hassett says the administration will "100% support" whatever Fed Chair Kevin Warsh and the committee decide this week — but says he and Trump see no reason to raise rates. Hassett has argued recent inflation is largely supply-driven.
Markets disagree: traders are now heavily pricing in a September rate hike after hotter inflation data.
The White House wants no hike. The market expects one. Now it’s Warsh’s call.
🇺🇸 White House: "We See NO REASON for a Rate Hike."
White House adviser Kevin Hassett says the administration will "100% support" whatever Fed Chair Kevin Warsh and the committee decide this week — but says he and Trump see no reason to raise rates. Hassett has argued recent inflation is largely supply-driven.
Markets disagree: traders are now heavily pricing in a September rate hike after hotter inflation data.
The White House wants no hike. The market expects one. Now it’s Warsh’s call.
