White House official Hassett strongly endorsed Warsh's nomination and called on the Federal Reserve to shift towards a more accommodative stance.

PANews reported on January 30th that, according to Jinshi News, White House National Economic Council Director Hassett stated that market interest rates should be lowered accordingly, given the declining fiscal deficit. He also criticized the Federal Reserve for not cutting interest rates this week, calling it a mistake, and pointed out that inflation is nearing its target level. Hassett emphasized that the government's responsibility is to create a more favorable policy environment for the Federal Reserve and expressed confidence in achieving high economic growth in the US under low inflation conditions. Furthermore, Hassett expressed high respect for Federal Reserve Chairman nominee Warsh, stating that the White House is confident that Warsh's nomination will be quickly confirmed. Although he himself was not nominated for Federal Reserve Chairman, he was not disappointed.

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Author: PA一线

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