National Economic Council director Kevin Hassett's spin on new inflation data was audacious even by his standards.

Kevin Hassett, Trump's top economic adviser, made a bold claim about rising costs for Americans.

Kevin Hassett, Trump's top economic adviser, made a bold claim about rising costs for Americans.

National Economic Council director Kevin Hassett's spin on new inflation data was audacious even by his standards.

In April, inflation reached its highest level in three years