CoinFeed
White House Economic Director Hassett urged the public to view economic data fluctuations rationally. - CoinFeed
Time 14:30

White House Economic Director Hassett urged the public to view economic data fluctuations rationally.

May 31, 2026
CoinFeed News

CoinFeed reported on May 31 that, according to Jinshi News, White House National Economic Council Director Hassett stated on Sunday that the way the media reports economic news often leads people to overemphasize the most serious problems at a particular moment. Hassett said during an appearance on ABC's "This Week," "One thing I've noticed in the White House is that whenever a consumer price index looks a little disappointing, we just talk about that one thing." He made these remarks regarding gasoline prices and their impact on inflation. Hassett stated that everyone should look at the big picture, not just energy prices or a particular area of ​​the economy that is temporarily experiencing difficulties. "What you should do is take these fluctuations in stride and focus on changes in real wages," he said. "If you look closely, you'll see that increased employment, a rising stock market, and strong corporate profits are translating into higher wages."

Back to News Feed