In response to questions about the extent to which the Federal Reserve should adopt restrictive policies, Kevin Hassett said, “I think the responsibility of the Federal Reserve Chairman is to observe the data.” “We have a lot of data missing due to the government shutdown,” he said, making a six-month interest rate promise is irresponsible.

In response to questions about the extent to which the Federal Reserve should adopt restrictive policies, Kevin Hassett said, “I think the responsibility of the Federal Reserve Chairman is to observe the data.” “We have a lot of data missing due to the government shutdown,” he said, making a six-month interest rate promise is irresponsible.