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Business / The Economic Times

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Bond investors voice unease over potential Hassett-led rate cuts

Bond investors have raised concerns that Kevin Hassett, a leading contender to replace Jerome Powell, may push for aggressive rate cuts aligned with President Trumps preferences. Treasury officials were briefed by major Wall Street players, who worry Hassett could prioritise political objectives over market stability and the Feds inflation mandate.

4 Dec 2025 11:39 am