Hassett: Trump Would Have Views If Fed Raises Rates

Hassett's comments are a reminder that the Fed's independence is being framed by the White House as compatible with presidential commentary on rate decisions, which keeps policy expectations sensitive to political signaling as much as data. His claim that inflation has clearly decelerated sits alongside that, so the tension between the inflation trend and any rate move is the real story. The $5,000 subsidy proposal and reconciliation as its delivery route add a fiscal dimension that could matter for rates and for how markets read the administration's priorities. Whether the inflation deceleration holds and how the Fed responds is the open question.