Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly

Source: International Business Times

National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June. Getty Images National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June. "There's not really an excuse for raising rates right now," Hasset told CNBC.