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fxJul 1, 2026, 11:39 AM

White House Adviser Hassett Says Fed Rate Hike Would Be a Mistake

White House National Economic Council Director Kevin Hassett said on Wednesday it would be a mistake for the Federal Reserve to raise interest rates.

White House National Economic Council Director Kevin Hassett said during late European trading on Wednesday that raising interest rates would be a mistake for the Federal Reserve.

The comment came without additional context or specific policy guidance. Markets are now watching for any further signals from Fed officials ahead of the next meeting.

Source: FXStreet Forex News