White House Economic Advisor: Increased productivity means the Federal Reserve can cut interest rates

2026-04-06 23:42:18

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White House economic adviser Hasset said on Monday that he expects the improvement in U.S. economic productivity will allow the Federal Reserve to cut interest rates.

Hasset said that if Walsh, the Federal Reserve chair whom Trump has nominated, takes office, he expects the Federal Reserve to cut interest rates.

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Responsible editor: Li Tong

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