Trump's director of the Nationwide Financial Council frequently 'assembly' with Fed's Powell

Kevin Hassett is Trump’s director of the Nationwide Financial Council.

Hasset spoke in an interview with CBS’ Face The Nation.

• He revealed that he’s having common conferences with Federal Reserve chairman Jerome Powell.
• Hassett denied that these conferences have been meant to affect rates of interest, emphasizing that Powell’s independence is revered, although the president’s views can nonetheless be voiced.
• Hasset stated long-term curiosity yields have declined, citing the 40 bp drop in 10-year Treasury yields, says it is a signal the market expects decrease inflation

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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