Washington (USA), 9 Apr. (LaPresse) – National Economic Council Director Kevin Hassett said he expected robust economic growth in the United States, despite the "temporary distraction" of the war with Iran. In an interview with Fox Business, Hassett said that despite the economic impact of the conflict, he continues to expect economic growth that could reach 5%. Contributing to this growth, he said, will be deregulation and tax cuts enacted by the administration. "I started the year assuming that, precisely because of all these factors, our economic growth would likely be in the 4 to 5 percent range. And I confirm those figures. I think this is a temporary distraction, one that will fade away very, very quickly," Hassett said. The latest US GDP survey, released today, showed that between October and December, the US economy grew at an annualized rate of just 0.5%.
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