White House economic adviser Hassett: Raising interest rates would be a mistake, and the U.S. economic growth rate is expected to reach about 4% in the second half of the year.

White House economic adviser Hassett: Raising interest rates would be a mistake, and the U.S. economic growth rate is expected to reach about 4% in the second half of the year.

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On July 1, according to reports, White House National Economic Council Director Hassett stated that raising interest rates would be a mistake. He expects that the U.S. economic growth rate may reach about 4% in the second half of this year. Meanwhile, after several days of disruptions, shipping in the Strait of Hormuz has gradually returned to normal.

More updates to follow

 

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