Kevin Hassett Says Jobs Report ‘Way Better’ Than Expected — Favorable CPI Could Make ‘Strong’ Argument To Hold Rates Steady
In an interview with CNBC, Hassett compared the current AI investment cycle with the internet boom and said AI could eventually support “high growth and low inflation.” The U.S. economy added 162,000 jobs in August, above the 56,000 increase economists had expected. According to Hassett’s calculations, annualized CPI over the past three months is running … Read more