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White House advisor Kevin Hassett says there is “plenty” of room for the Federal Reserve to cut interest rates. The comment suggests confidence that inflation pressures are manageable and that monetary policy could shift toward easing without destabilizing the economy. Lower interest rates typically aim to stimulate borrowing, investment, and consumer spending. However, any rate decision ultimately rests with the Federal Reserve, which balances growth, inflation control, and financial stability. Hassett’s remarks add to the broader policy debate over whether conditions justify a pivot toward rate cuts in the near term.
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