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NEC's Kevin Hassett on Sept. Jobs and Paying Down US Debt

Bloomberg Markets·October 2, 2026·1 min read

National Economic Council Director Kevin Hassett says higher long-term rates can reflect underlying economic strength. Speaking to Mike McKee and Dani Burger on Bloomberg Open Interest, Hassett calls the government's debt-interest burden unacceptably high but says the administration is serious about deficit reduction. His comments come ahead of September jobs data.

Read at Bloomberg Markets
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