Hassett on Powell Staying at Fed, Inflation and Oil Spike

Source: Bloomberg Politics · Bias: Center

Summary

National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends. (Source: Bloomberg)

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Hassett on Powell Staying at Fed, Inflation and Oil Spike
Bloomberg Politics

Hassett on Powell Staying at Fed, Inflation and Oil Spike

Center

National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends. (Source: Bloomberg)

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