Comments from Kevin Hassett on Fed Interest Rate Cuts

Expectations from Kevin Hassett

Director of the National Economic Council, Kevin Hassett, stated that a 25 basis point interest rate cut could be on the agenda at the upcoming Federal Reserve (Fed) meeting next week.

Tendencies Towards Interest Rate Cuts

In an interview with Fox News, Hassett emphasized that "they seem to be more inclined towards interest rate cuts now," highlighting the Fed's impact on the markets.

Has a Consensus Formed?

Some economists suggested that a consensus has formed regarding the 25 basis point cut, leading to discussions about how this will affect the markets.