Trump adviser sees ‘a whole bunch of good news’ in inflation report
Summary
Kevin Hassett, director of the National Economic Council, said the latest inflation report shows some positive signs. The report found that prices increased by 3.7% compared to the same time last year in September.Key Facts
- Inflation, measured by the consumer price index (CPI), rose 3.7% year-over-year in September.
- Kevin Hassett is the current director of the National Economic Council (NEC).
- Hassett described the inflation report as containing "a bunch of good news."
- He spoke about the report during an interview at the White House.
- The inflation report is an important economic indicator that tracks changes in prices for goods and services.
- The information helps the government understand how prices are changing for consumers.
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