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Hasset: No signs of inflation getting out of control, Fed doesn't need to raise interest rates

2026-05-08 13:15

According to Odaily, Hasset, director of the White House National Economic Council, stated that employment data over the past two months has been strong, with the job market "booming." He suggested that people should use artificial intelligence tools to protect their career security, noting that data shows people are using AI tools at work, and we are now witnessing AI creating jobs, with AI-related positions being among the fastest-growing. Despite the impact of oil prices and employment data, core inflation remains stable, there are no signs of inflation getting out of control, and the Fed does not need to raise interest rates (Jin Shi).