Hassett: The Fed still has ample room to cut interest rates

On December 9, White House National Economic Council Director Hassett stated, "Bessett does not want to be the Federal Reserve Chair. I will go wherever President Trump tells me to go. The Fed still has ample room to cut interest rates."

I would list U.S. Treasury Secretary Bessant as my top choice for Federal Reserve Chair. President Trump's characteristic is that he makes choices and then changes his mind. For the Fed Chair, the most important thing is to focus on the data. Interest rate decisions will be made based on my judgment. (Jinshi)