US NEC Director Hassett says the outlook for Fed having room to cut rates is going to be very solid

The comment from NEC Director Hassett suggests a hawkish tilt in the Fed's outlook, potentially indicating they believe a rate cut is increasingly feasible.

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US NEC Director Hassett says the outlook for Fed having room to cut rates is going to be very solid

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This could lead to a stronger USD as market participants recalibrate expectations for monetary policy. Watch how this influences fixed income markets, particularly the curve and risk sentiment around US assets.

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