Hassett speaks on Policy and the Path to Rate Cuts

In a wide ranging discussion, National Economic Council Director Kevin Hassett signals support for Powell remaining in place temporarily, while emphasizing falling inflation and a potential path to rate normalization. He also highlights the prospect of rate cuts alongside balance sheet reduction, as well as ongoing uncertainty around future Fed leadership. Hassett speaks with Bloomberg's Saleha Mohsin at the Bloomberg Global Markets and Banking Summit in New York on April 22, 2026. (Source: Bloomberg)