Hassett: Don’t want to inflate your way out of debt, current interest payment levels are unacceptable

BlockBeats news, on October 2, White House National Economic Council Director Hassett said that Warsh also needs to deal with the situation left by Powell, which is "very unusual." Hassett said the United States "does not want to inflate its way out of debt," current interest payment levels are "unacceptable" and the president is serious about reducing the deficit. He also said that the rise in U.S. bond yields was due to a strong economy and expressed respect for the independence of the Federal Reserve. Data shows that U.S. consumption is very strong, and consumption is expected to be strong during the holiday season. He said there is a lot of good news this week. (Golden Ten)