Federal Reserve news

US President Trump says NEC Director Hassett was good on TV and wants to keep him where he is; on the Fed, will see how this works out

Newsquawk Staff ·

US President Trump says NEC Director Hassett was good on TV and wants to keep him where he is; on the Fed, will see how this works out.

What it means

President Trump's comments suggest a stabilization in leadership at the National Economic Council, with potential implications for economic policy continuity. His vague reference to the Federal Reserve indicates a wait-and-see approach, which could lead to uncertainty in market expectations around future rate decisions, impacting the USD as traders assess how these dynamics may influence market sentiment and monetary policy shifts.

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