Nat’l Economic Dir. Hassett: I’m Dismayed That the Federal Reserve Has a Bad Economic Modeling on What May Happen to Tariffs

RUSH EXCERPT:
HASSETT: "First we respect the independence of the Fed. But I don’t always agree chairman Jay Powell on policy and still as I said d fore, in the last fewew weeks after the presidenent talked again. I’m displayed that they have dis the Wall Street folks say the tariffs are going to crater thee economy. Meanwhile realal strong jojo and we don’t have the E flation that they said was going to happen. To have the Fed out there job owning against the president’s own policies, , ey didn’t do that when Joe Biden was printing money and spending it and creating 20% inflation. And soso it just makes me wonder about what is wrong with our models or whwh is wrong with our politics."