Top White House Economist Points to 1.6% Inflation as Evidence the Fed Doesn't Need Higher Rates

Top White House Economist Points to 1.6% Inflation as Evidence the Fed Doesn't Need Higher Rates

Kevin Hassett says the economy is roaring without sparking inflation, but former Fed officials, record gas prices, and skeptical analysts are lining up to challenge that claim before the next rate decision.

Trump, Aides Clamor To Sway Fed's Policy. Is Kevin Warsh In A Fix?

This is an unusual public clamor by the administration's top aides ahead of a Fed meet. Many of the Trump administration have also called for a rate cut instead. The idea seems to be to facilitate a narrative in which to pressurize the Fed under its new chair Kevin Warsh, a Trump appointee, to not hike rates, rather than forcing a cut.

Top White House Economist Points to 1.6% Inflation as Evidence the Fed Doesn’t Need Higher Rates

The post Top White House Economist Points to 1.6% Inflation as Evidence the Fed Doesn’t Need Higher Rates appeared first on 24/7 Wall St.. In a September 4 Bloomberg interview, National Economic Council Director Kevin Hassett argued that the U.S. economy is expanding quickly without generating…

Warsh Hangs His Hat On Friday’s Inflation Report

High drama! Late last week, Donald Trump warned Kevin Warsh not to raise rates at this month’s FOMC meeting. To let Fed watchers tell it, the fate of that prospective rate increase hinges entirely on the September 11 inflation update from the BLS. Technically, Trump demanded a rate cut, lest

Trump pushes Fed to cut rates ahead of pivotal September decision

President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images Ten days ahead of a meeting in which the Federal Reserve will likely consider raising interest rates, the Trump