WH Adviser Hassett Warns Against Rate Hikes
July 1, 2026
White House National Economic Council Director Kevin Hassett issued a firm stance on U.S. monetary policy today, stating unequivocally that it would be a “mistake” for the Federal Reserve to raise interest rates under current economic conditions.
Speaking on the outlook for the American economy, Hassett pushed back against hawkish arguments for higher rates, reinforcing the…

