Macro10:40 AM ET

Hassett: Fed likely to act if October inflation is very high

By BORSA NewsroomPublished Oct 29, 2026, 10:40 AM EDTUpdated Oct 29, 2026, 10:41 AM EDT

White House Senior Adviser Kevin Hassett said the Fed would probably act if October inflation is really high. The comment follows his earlier statement that there is room to let inflation get under control. Hassett did not specify a threshold or what action the Fed might take.

Sentimentbearish 35

Bearish · 35 of 100

Impact30

low · stays off the top drivers

Confidence60%

moderate confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Kevin Hassett is a White House Senior Adviser.
He said the Fed would probably act if October inflation is really high.