Hassett is in a rush: with inflation at 4%, don’t raise rates—long live a prosperous supply. Translation: It’s an election year; the stock market can’t crash—Powell, you handle it.

CoinWorld News: Trump advisor Hassett, in an interview with Fox Business Network, urged the Federal Reserve not to raise interest rates. He pointed out that the Fed's preferred inflation gauge is currently above 4%, while Warsh emphasized that bringing it down to 2% is non-negotiable. Hassett argued that the economy is in a "supply-driven boom" and that raising rates in this context would be a macroeconomic mistake. His remarks indicate that the White House still has strong opinions about the Fed's policy-making approach.