Hassett: The Federal Reserve should not pre-announce future interest rate paths and must adjust based on data
According to ChainCatcher, citing Golden Ten Data, White House National Economic Council Director Hassett stated that it would be irresponsible for the Federal Reserve to announce its interest rate path for the next six months in advance, emphasizing that monetary policy should be flexibly adjusted based on economic data. He praised current Chairman Powell for effectively coordinating FOMC internal opinions before meetings and indicated that Powell might agree with the view of continuing to lower interest rates.
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