
Hassett: The Fed is far behind the times on the issue of interest rate cuts.
White House National Economic Council Director Hassett stated that the Federal Reserve is far behind the times in cutting interest rates, and that the GDP data is an excellent Christmas gift to the American people. He added that US economic data shows artificial intelligence productivity is booming, and if GDP growth remains around 4%, monthly job creation will recover to 100,000 to 150,000. (Jinshi)

