Hassett says Fed may raise rates if inflation is high
By The BriefBrief
White House National Economic Council Director Kevin Hassett said he expected the Federal Reserve to raise interest rates if October inflation figures are elevated. Separately, Federal Reserve officials are expected to restart rate increases in December, with the pace of further moves dependent on economic data.
WHO:White House National Economic Council Director Kevin Hassett; Federal Reserve officials
WHAT:Hassett said he expected the Federal Reserve to raise interest rates if October inflation figures are elevated.
WHEN:Reported Oct 29, 2026 at 12:06 PM ET
WHERE:USA
WHY:Hassett’s expectation is tied to the possibility that October inflation figures are elevated.
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