Hassett comments on Trump's trade war and Federal Reserve interest rates
The Hill · September 13, 2026Original source ↗
What happened
Kevin Hassett, the director of the National Economic Council, addressed President Trump's concerns regarding the Federal Reserve's interest rates. He stated that he does not expect trade to come to a complete halt, while acknowledging the president's strong views on interest rates.
Why it matters
The discussion around interest rates and trade policies can impact economic stability and market conditions.
How this story affects people
How does this story affect you if you are involved in international trade?
Changes in trade policies and interest rates can directly impact your business operations and profitability. Increased tariffs or trade tensions could lead to higher costs and reduced demand for imported goods.
How does this story affect you if you are a borrower with variable-rate loans?
The Federal Reserve's interest rate decisions can affect your loan payments. If rates rise, your monthly payments could increase, impacting your financial stability.
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