WHITE HOUSE CONSULTANT: WALSH WILL ACT ON THE BASIS OF DATA, AND THE DECISION PATH WILL BE CLEARER WHEN PCE DATA ARE RELEASED

ON 30 JULY, UNITED STATES WHITE HOUSE ECONOMIC ADVISER HASSET STATED THAT WITH THE RELEASE OF PCE DATA TODAY IN THE UNITED STATES, IT HAD BECOME EASIER FOR WALSH TO DO SO AND THAT WALSH WOULD ACT ON THE DATA. WHEN ASKED WHETHER HE STILL HAD CONFIDENCE IN WALSH, HASSET CALLED IT “OF COURSE”。