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Hassett backs Fed’s slim interest rate cuts despite Trump calls for broader action

National Economic Council Director Kevin Hassett on Thursday backed the Federal Reserve’s decision to lower interest rates by a quarter percentage point, which fell far short of the steep cuts President Donald Trump requested.  The Federal Open Market Committee on Wednesday announced the bank wo......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/policy/finance-and-economy/3814217/hassett-backs-feds-slim-interest-rate-cuts-despite-trump-calls-for-broader-action/