National Economic Council Director Kevin Hassett said markets are "terribly wrong" to price in a Federal Reserve interest rate hike. The comment reinforces a dovish policy outlook and could modestly affect rate expectations and Treasury yields, though it is only verbal guidance rather than an actual policy move.
National Economic Council Director Kevin Hassett said markets are "terribly wrong" to price in a Federal Reserve interest rate hike. The comment reinforces a dovish policy outlook and could modestly affect rate expectations and Treasury yields, though it is only verbal guidance rather than an actual policy move.
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neutral
Sentiment Score
0.10