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APRIL 30, 2026 AT 02:28 PM

US NEC Director Hassett says Fed Chair Powell staying on the Fed Board could affect rate cuts, via Fox Business; says it is time for Powell to move on

Importance
Level 1

FED

  • Warsh has made no guarantees, will be data-driven.
  • Probe respects Fed independence.

GDP

  • The US had solid GDP numbers come out today.
  • Th report was strong amid massive capital spending.

ENERGY

  • Trump broke OPEC.
  • When Hormuz open, oil will flow like never before.