Hassett Says Fed May Act if October Inflation Is Indeed Very High
Photo: TokenPost
White House National Economic Council Director Hassett said Oct. 29 that the Federal Reserve may act if October inflation is indeed very high, making any possible response contingent on the inflation reading. Hassett did not give a numerical threshold for very high inflation or identify what action the Fed might take. The remark described a conditional possibility without specifying a policy step. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
