Hassett urges seeing inflation through the lens of real wages

1 min read
Source: Politico
TL;DR

White House economist Kevin Hassett told ABC’s This Week that media coverage overemphasizes any single price drop or rise and urged Americans to judge inflation by looking at real wages and other broad indicators, noting rising employment and profits that support wages, even as energy prices (including gas) spike amid regional conflict.

Share this article

Want the full story? Read the original reporting

Read on Politico