White House Economic Adviser Hassett says US President Trump views increased gas prices as temporary, via CNBC Interview
Hassett's comments reinforce a dovish outlook on monetary policy, suggesting that the Federal Reserve may consider rate cuts if productivity increases.
US President Trump says the Tuesday deadline is final; has seen every proposal; Iran proposal is a big step, but not good enough; will see what happens
US President Trump says the Tuesday deadline is final; has seen every proposal; Iran proposal is a big step, but not good enough; will see what happens
White House Economic Adviser Hassett says US President Trump views increased gas prices as temporary, via CNBC Interview
Newsquawk Daily Economic Releases - 7th April 2026
US President Trump talks up the success of the US economy
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- States should act to address gasoline prices.
- Increasing productivity should allow the Federal Reserve to lower rates.
- Expect Fed to lower rates once Warsh gets there.
This dovish tone, coupled with the expectation of lower gasoline prices being temporary, hints that inflation concerns may stabilize, influencing the rate path. Traders should watch for reactions in equities and energy markets, as rate expectations can shift sentiment across asset classes.
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