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NEC Director Kevin Hassett Talks Powell Staying at Fed, Inflation and Oil Spike
Published 1 month, 1 week ago
Description
National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking to Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.
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