Hassett: Trump and I Both See No Need for Rate Hikes

TechFlow reports on September 13 that, according to Jinshi Data, White House economic adviser Hassett stated that both he and Trump see no current justification for raising interest rates. He emphasized that it is crucial for the Federal Reserve to maintain the interest rate status quo ahead of the upcoming election, which helps stabilize market expectations.

On the matter of central bank decision-making independence, Hassett explicitly stated that Trump fully respects the operational independence of Fed Chair Wash. This statement underscores the US short-term monetary policy direction and clearly conveys the White House’s official position on current interest rate policy.