White House Economic Adviser Hassett says he will accept the Fed job if offered, via Fox News
Newsquawk Staff ·
White House Economic Adviser Hassett says he will accept the Fed job if offered, via Fox News.
What it means
The potential appointment of Economic Adviser Hassett to the Fed signals a shift in the White House's views on monetary policy, which could lead to hawkish influences if his leanings align with inflation control. Market participants may react by re-evaluating rate expectations, particularly regarding the dollar's strength and its implications for fixed income. Keep an eye on cross-asset movements as this develops, especially in the forex markets.
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