Fed's Data-Driven Approach May Lead to Rate Reductions

Kevin Hassett, Director of the United States National Economic Council, highlighted the Federal Reserve's reliance on data, suggesting an imminent adjustment in interest rates to align with recent figures. During his CNBC interview, Hassett emphasized the administration's full respect for the Fed's independence.

Global Trade Deals on the Horizon

Hassett shared optimistic views on ongoing trade negotiations, particularly with India, which he believes could revolutionize the global economy. He also mentioned potential agreements with Canada and updates for President Trump on China trade talks.