Politics

US NEC Director Hassett says that if October inflation is really high, the Fed will probably act. Declines to comment on Fed's Cook

ORIGINAL · NewsquawkUS NEC Director Hassett says that if October inflation is really high, the Fed will probably act. Declines to comment on Fed's CookRead originalHide original

Fed Chair Warsh has done a good job. The committee appears to have made a data-driven decision. September inflation was above expected. 30-year TIPS are indicating that the Fed is going to get inflation down to 2.1%.

StockNow breaking-news AI analysis

Hassett said the Fed would probably act if October inflation were really high, commented on Warsh and a committee decision, and declined to comment on Cook.

News detail

Fed Chair Warsh has done a good job. The committee appears to have made a data-driven decision. September inflation was above expected. 30-year TIPS are indicating that the Fed is going to get inflation down to 2.1%.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more