White House says increased productivity means Fed can cut rates - Reuters
White House says increased productivity means Fed can cut rates Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"If we have a supply shock like we're seeing because of all this capital spending ... AI increasing productivity, it puts downward, downward pressure on inflation, and that should take the pressure off the Fed."
— Kevin Hassett , Executive
Key People
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxOeEdKQnA3QWJleUdvbDdST25DVzRHZEhXZEFpbkd2cU9FVFljNnJHdTdGSDBockRFQTdPVEgwY1E1M3pjS1dfeXhOdDVOTW9hS1NHQWhSVnBlejRxTUVwMDFzVTNpN0RIYVFsQlRFbzcwVnVrV08yX0FoQXZwdTdEbjFRY3FGcEp0UUVrSUFtQU4tQXdjZndicEJzbzNnYk9xNmRFUnhyTlY?oc=5" target="_blank">White House says increased productivity means Fed can cut rates</a> <font color="#6f6f6f">Reuters</font>
White House economic adviser Kevin Hassett stated that increased productivity from capital spending and AI will allow the Federal Reserve to lower interest rates.
Kevin Hassett, White House economic adviser, expects that increased productivity in the U.S. economy will enable the Federal Reserve to lower interest rates.
Kevin Hassett, White House economic adviser, believes that a 'supply shock' from capital spending and AI-driven productivity will allow the Federal Reserve to lower interest rates.
Similar Stories
Related coverage based on topic and tags
Fed seen a bit more likely to hike after inflation data - Reuters
Fed seen a bit more likely to hike after inflation data Reuters
August 26, 2026 at 10:06 PMUK productivity showing sustained improvement, economists say - Reuters
UK productivity showing sustained improvement, economists say Reuters
August 23, 2026 at 11:11 PMInvestors heartened by Warsh inflation talk, still uncertain about Fed action - Reuters
Investors heartened by Warsh inflation talk, still uncertain about Fed action Reuters
August 28, 2026 at 07:17 PMUS employment growth only modestly lower than thought in BLS revision - Reuters
US employment growth only modestly lower than thought in BLS revision Reuters
August 28, 2026 at 05:37 PMWarsh's 'quieter Fed' now includes a smidgen of guidance - Reuters
Warsh's 'quieter Fed' now includes a smidgen of guidance Reuters
August 28, 2026 at 09:10 PMFed's Warsh faces challenge whether inflation is a problem or not - Reuters
Fed's Warsh faces challenge whether inflation is a problem or not Reuters
August 27, 2026 at 03:14 PM