White House National Economic Council Director Hassett: It is time for the Federal Reserve to cautiously cut interest rates

Jinse Finance reported that Kevin Hassett, Director of the White House National Economic Council, stated that it is time for the Federal Reserve to cautiously cut interest rates, and he expects the impact of the government shutdown to be greater than anticipated. He predicts a larger rebound in the first quarter, and that economic growth in 2026 could reach 4%. (Golden Ten Data)