Politics

US NEC Director Hassett says blockbuster jobs numbers the last two months and 'rip-roaring' jobs market, Bloomberg TV interview

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AI: On AI job loss, says now seeing AI job creation. People should use AI tools for career protection. Data showing people using AI tools for their jobs. Monetary Policy: Core inflation has remained stable, despite oil and jobs. No sign of runaway inflation for Fed to raise rates. Think we'll see rate cuts this year because of Warsh. Trade: Studying options on latest tariff ruling. Greer will have more today on latest trade ruling. Expects EU trade deal by July 4th. Expect EU to meet July 4th deadline. Admin: No chance admin would in any way do a debt default. Believe in a strong Dollar. Seeing growth needed to get deficit under control.

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