NEC’s Kevin Hassett Says Inflation Is Under Control

Date:

National Economic Council Director Kevin Hassett stated that inflation in the United States remains under control, expressing confidence in the current trajectory of consumer prices. Hassett emphasized that underlying economic conditions and supply-side measures are actively moderating price pressures across the economy. Addressing concerns that potential trade measures and tariffs could reignite inflation, he maintained that policy initiatives focused on domestic energy production, regulatory reduction, and economic efficiency will help preserve price stability while supporting sustained economic growth.

  • National Economic Council Director Kevin Hassett affirmed that U.S. inflation is contained and moving along a stable path.
  • Hassett pointed to supply-side economic measures and regulatory reform as key factors in easing upward price pressures.
  • He addressed questions regarding trade policy and tariffs, downplaying risks that they would drive a significant resurgence in consumer inflation.
  • The broader economic strategy focuses on expanding domestic energy output and maintaining steady market growth alongside price stability.

Bloomberg is a privately held financial, software, data, and media company headquartered in New York City.

Official website: https://www.bloomberg.com/

Original video here.

This summary has been generated by AI.

9 COMMENTS

  1. LMAO he rejects the American people saying they’re struggling LMFAO the fact we have these kind of people as politicians is hilarious genuinely scary. American education system is truly broken.

    EDIT: Imagine being a public servant and telling your populace that is complaining of struggle in their face “nah I reject your opinion. You’re doing fine and well peasant”

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