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NEC's Hassett on Jobs Report, Oil Exports, US Economy

Economic DataEnergy Markets & PricesGeopolitics & WarInflationMonetary Policy

NEC Director Kevin Hassett reacted to the US March jobs report and flagged oil-market supply disruptions tied to the war in Iran as a key risk. He warned that higher oil prices could feed into US inflation and complicate the Fed's policy outlook, posing downside risks to growth and portfolios with energy exposure.

Analysis

NEC Director Kevin Hassett reacted to the US March jobs report and flagged oil-market supply disruptions tied to the war in Iran as a key risk. He warned that higher oil prices could feed into US inflation and complicate the Fed's policy outlook, posing downside risks to growth and portfolios with energy exposure.

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