Hasset: The IMF dialogue is not meaningless, and the Federal Reserve's balance sheet reduction should be gradual.

MeNews · 2026-04-09T14:20:17+00:00

Director of the U.S. White House Economic Council, Hasset, stated that the United States is engaging in meaningful dialogue with Iran and expects the economy to grow by 4% to 5% this year. He hopes to complete the reconciliation bill before June and plans to study a second bill in the fall. Meanwhile, Hasset anticipates Walsh will assume the role of Federal Reserve Chair in May and recommends that the Fed's interest rates should be lower.

MeNews

2026-04-09 14:20:17

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ME News Report, April 9 (UTC+8), White House National Economic Council Director Harris believes that U.S.-Iran dialogue is not meaningless, and the U.S. is cooperating on a potentially significant agreement with Iran. Despite the outbreak of war, he still expects the U.S. economy to grow by 4% to 5% this year. Regarding policy agenda, he hopes the reconciliation bill can be completed before June and plans to study a second reconciliation bill in the fall. About Federal Reserve personnel issues, he expects the Walsh hearing to be held as scheduled next week and is confident that Walsh will become Federal Reserve Chair in May, while also expecting Powell not to remain as a Federal Reserve Board member. Harris emphasized that interest rates should be lower, and the Fed’s balance sheet reduction should be gradual. (Jin10)(Source: ODAILY)

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