PANews
PANews|May 31, 2026 14:31
[White House Economic Director Hassett Urges Public to View Economic Data Fluctuations Rationally] According to Jin10 reports, White House National Economic Council Director Hassett stated on Sunday that the way media reports on economic news often causes people to overly focus on the most severe issues at a specific moment. Appearing on ABC's 'This Week,' Hassett said, 'One thing I’ve noticed at the White House is that whenever a particular consumer price data point looks a bit disappointing, we only talk about that one thing.' He made these remarks regarding gasoline prices and their impact on inflation. Hassett emphasized that everyone should look at the bigger picture, rather than focusing solely on energy prices or a temporarily struggling sector of the economy. 'What you should do is take a calm view of these ups and downs and pay attention to changes in real wages,' he said. 'If you look closely, you’ll see that due to increased employment, a rising stock market, and strong corporate profits, this is translating into higher wage levels.'
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads