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Hassett: Trump Team Will Respect Fed's Rate Decision

Guavy AI Editorial Team
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National Economic Council Director Kevin Hassett stated on Tuesday that he and US President Donald Trump will respect whatever monetary policy decision the Federal Reserve makes tomorrow.

Hassett expressed his respect for Fed Chair Kevin Warsh, but emphasized that inflation has been declining recently and core inflation has been at 2% in the past few months, which is why he opposes a rate hike.

The Fed is expected to raise its interest rates on Wednesday, with two hikes overall this year.

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