WH Econ Adviser Hassett: Confident US-China can reach trade agreement by March 1

Eren Sengezer FXStreet

In an interview with CNN, Kevin Hassett, chair of the White House Council of Economic Advisers, said that he was confident that the U.S. and China could reach a trade agreement by the March 1 deadline.

Key quotes

Puts chances of recession in 2020 to very close to zero.
Q2 growth would be humongous if government reopens.
Sees no risk of credit downgrade for US.

Source: Reuters.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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