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Hassett to serve as Trump admin's contact with the Fed amid inflation fight

1. Kevin Hassett will maintain contact with Fed Chair Powell regarding inflation. 2. Regular meetings aim to align administration views with Fed policies amidst inflation battle. 3. Recent inflation data shows consumer prices rose unexpectedly by 3% in January. 4. Fed keeping interest rates steady as it monitors new economic data. 5. Drop in 10-year Treasury rates indicates market confidence in inflation control.

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FAQ

Why Bullish?

Acknowledging inflation concerns with a proactive approach can foster market confidence, similar to past measures that stabilized S&P 500 during economic uncertainties.

How important is it?

The article addresses key economic figures and forecasts that can impact S&P 500 performance, especially in the context of inflation and Fed policy.

Why Short Term?

Immediate actions and reactions, particularly around inflation and interest rates, generally affect short-term market movements significantly, as seen during previous rate adjustments.

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