White House NEC Director Hassett Says Jobs Data Align With Strong Economy, Backs Fed Independence

White House National Economic Council Director Kevin Hassett said U.S. employment data are consistent with a strong economy and reiterated respect for the Federal Reserve’s independence. According to Odaily, Hassett said there is no reason to believe economic growth will lead to inflation. He also said he believes Chair of the Federal Reserve Kevin Warsh can persuade his colleagues to accept his views.