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The Fed and the US economy

Ongoing coverage of Fed rate decisions, what Fed officials say, the fight over Fed independence, and US jobs, inflation and Treasury yield data, updated daily.

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What the key figures said on the record, as reported.

  • Kevin Hassett
    NEC’s Hassett on Jobs Report, Powell’s Future and Paying Down US Debt

    White House National Economic Council Director Kevin Hassett says the September US jobs report was in line with expectations and forecasts strong holiday consumer spending. He also says Jerome Powell must decide whether to remain on the Federal Reserve Board of Governors.

    BBloomberg Television 2026-10-02 14:32

  • Kevin Hassett
    NEC’s Hassett Says Inflation Is Under Control

    White House National Economic Council Director Kevin Hassett responds to the August US employment report and says the Trump administration respects the Federal Reserve’s independence.

    BBloomberg Television 2026-09-04 14:26

  • Kevin Hassett
    NEC’s Hassett on US Job Losses, Fed Independence, Iran and Energy Prices

    White House National Economic Council Director Kevin Hassett says the breakeven hiring rate in the July jobs report is a key focus for him. He says President Donald Trump speaks with Federal Reserve Chair Kevin Warsh about the economy frequently, while respecting the central bank’s independence. Hassett also discusses the war in Iran, energy prices and government debt during an appearance on Bloomberg Open Interest.

    BBloomberg Television 2026-08-07 14:59

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