White House Economic Director Calls for Rational Public Perspective on Economic Data Fluctuations
Svmuu报道 White House National Economic Council Director Hassett said on Sunday that the way the media reports economic news can often lead people to focus excessively on the most severe problems present at a specific moment. Speaking on ABC's "This Week" program, Hassett stated, "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." He made these remarks in response to questions about gasoline prices and their impact on inflation. Hassett said everyone should look at the bigger picture, rather than just energy prices or a temporarily struggling sector of the economy. "What you should do is take these ups and downs in stride and focus on how real wages are changing," he said. "If you look closely, you'll find that the increase in employment, the rise in the stock market, and strong corporate profits are translating into higher salary levels." (Jin Shi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
-
2
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
3
LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
-
4
Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
-
5
Global Business Forum Urges Business Leaders to Embrace AI and Rethink Strategies
-
6
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
7
Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
-
8
Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
-
9
Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
-
10
New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
Markets Today
Recommended Reading



