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Fed chair candidate Hassett says U.S behind the curve on lowering rates

Fed chair candidate Hassett says U.S behind the curve on lowering rates

National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chairman Jerome Powell when his term ends in May, said the artificial intelligence…

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