NEC Director Hassett says people who aren't in private credit should not worry about it; looking at 4% GDP growth for the year

The NEC Director's optimism regarding a projected 4% GDP growth suggests a solid economic outlook, which could support risk assets like equities.

Newsquawk StaffPublished 6 May 2026, 11:37 UTCOn the live feed at 11:17 UTC — 3 more headlines followed before this page went public

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11:30

PRIMER - US Treasury Q2 Quarterly Refunding Announcement is due at 13:30BST/08:30EDT

11:30

Nvidia (NVDA) and Corning (GLW) announce long-term partnership to strengthen US manufacturing for AI infrastructure

11:17

NEC Director Hassett says people who aren't in private credit should not worry about it; looking at 4% GDP growth for the year

11:13

NEC Director Hassett says they are studying a possible executive order on AI and business

11:11

Novo Nordisk (NOVOB DC) exec says early oral obesity trends look incremental rather than cannibalistic and roughly 80% of Wegovy pill users are GLP-1 naive

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Context

While the comment on private credit may aim to mitigate concerns, the focus on GDP growth hints at potential inflation and monetary policy implications that traders should monitor closely.

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