Hassett Says Fed Could Raise Rates if October Inflation Runs Hot
White House National Economic Council Director Kevin Hassett said upcoming CPI and PCE reports will help determine the Fed’s next move.
The White House expects the Federal Reserve to hike interest rates if consumer price pressures persist through the current month.National Economic Council Director Kevin Hassett stated that upcoming consumer price index (CPI) and personal consumption expenditures (PCE) reports will dictate the cent…