Politics
US White House NEC Director Hassett says rates could stay where they are, hard to motivate an interest rate hike with the current data
StockNow breaking-news AI analysis
NEC Director Hassett argues that cooling inflation and future AI productivity gains justify holding interest rates steady, despite market concerns over high 10-year yields and supply-side inflationary pressures.
News detail
Expects AI productivity to help push down inflation. The climb in 10-year yields is temporary.
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