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US NEC Director Forecasts 'Golden Year' for Economy Barring Black Swans
12/07/2025, 10:05
AI SUMMARY
●NEC Director projects historic "golden year" for US economy absent major shocks
●Targets growth exceeding 3% for Q1 and Q2, signaling aggressive economic optimism
●Statement suggests reduced recessionary fears and strong official outlook
Kevin Hassett, Director of the US National Economic Council, stated that the United States is approaching a "golden year" in economic history, provided no unexpected "black swan" events occur. He expressed high expectations for the coming year, noting he would be "disappointed" if growth rates in the first two quarters were limited to 3%.
These remarks signal a strong official outlook on the US economy, suggesting confidence in sustained growth momentum. The high benchmark for growth expectations indicates a potential environment favorable to risk assets if realized.