[Top Candidate for Fed Chair Hassett Opposes Preemptively Announcing Rate Path and Reaffirms Data-Driven Adjustments] White House National Economic Council Director Hassett stated on Monday that it would be irresponsible for the Federal Reserve to preemptively announce the interest rate path for the next six months. Monetary policy should be strictly adjusted flexibly based on economic data. As a top candidate to succeed current Chair Powell, Hassett refused to predict the specific number of rate cuts in 2026, emphasizing the importance of observing data. He also praised Powell for effectively coordinating opinions within the FOMC to reach a consensus on rate cuts and expressed agreement with the view that rates should continue to be lowered.