White House Economic Adviser Says Fed Actions Starting To Cool U.S. Economy-CNN

White House Economic Adviser Says Fed Actions Starting To Cool U.S. Economy-CNN

WASHINGTON (Reuters) – White House economic adviser Cecilia Rouse said on Sunday that Federal Reserve interest rate hikes were starting to cool the “red-hot” U.S. economy, especially labor and housing markets, but inflation was still too high. Rouse, who chairs the White House Council of Economic Advisers, told CNN that the Biden administration would work…

Read More