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Event Brief

Hassett says Fed and ECB should not hike rates

Kevin Hassett said productivity gains could keep core prices controlled and rate hikes would be a mistake amid a temporary oil shock.
WHO: Kevin Hassett
WHAT: commentary on Federal Reserve and ECB rate-hike decisions during a temporary oil shock
WHEN: Apr 30, 2026 at 10:18 AM ET
WHERE: Location not specified
WHY: He characterized the oil spike as temporary.
Sources (1): Bloomberg

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