Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleKevin Hassett, a top White House economist, maintained an optimistic view of the U.S. economy, despite rising consumer prices and declining consumer sentiment. Hassett attributed current economic disruptions, including increased gas prices, to the Iran war, describing them as a “temporary circumstance” that would resolve quickly. He dismissed the University of Michigan's record-low consumer sentiment index as an inaccurate “political survey” reflecting Democratic opinions. Contrary to Hassett's assessment, a Gallup survey indicated only 16 percent of Americans rate current economic conditions as good or excellent, the lowest figure since 2023. Concerns were raised about the affordability of groceries, insurance and housing, with Hassett stating the administration is implementing measures to reduce inflation. In fullTrump’s economic guru doubles down and brags that Americans ‘spending more on everything’ - not just gasThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Trump’s top economic adviser says Americans are ‘very optimistic’ about economy
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleKevin Hassett, a top White House economist, maintained an optimistic view of the U.S. economy, despite rising consumer prices and declining consumer sentiment. Hassett attributed current economic disruptions, including increased gas prices, to the Iran war, describing them as a “temporary circumstance” that would resolve quickly. He dismissed the University of Michigan's record-low consumer sentiment index as an inaccurate “political survey” reflecting Democratic opinions. Contrary to Hassett's assessment, a Gallup survey indicated only 16 percent of Americans rate current economic conditions as good or excellent, the lowest figure since 2023. Concerns were raised about the affordability of groceries, insurance and housing, with Hassett stating the administration is implementing measures to reduce inflation. In fullTrump’s economic guru doubles down and brags that Americans ‘spending more on everything’ - not just gasThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
