Politics

US White House NEC Director Hassett says the jobs report was about expected, data shows that the consumer is very strong

StockNow breaking-news AI analysis

Hassett’s remarks covered jobs, consumers, yields, fiscal policy and the Fed. Retrieved employment figures show payrolls below reported expectations, while other remarks lack independent corroboration.

News detail

It is going to be a strong holiday season. Respects Fed independence. Yields are higher due to a strong economy. Interest payments are unacceptably high right now. President Trump is serious about deficit reduction. Do not want to inflate our way out of debt. Fed Chair Warsh is dealing with Fed's Powell, which is unusual.

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