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Top Trump economist calls new inflation data ‘blockbuster,' says economy mirrors first term gains
Fox Business· 2025-12-20 14:16
White House National Economic Council Director Kevin Hassett praised Thursday’s consumer price index (CPI) report, which showed inflation rose less than expected. "It was just an absolute blockbuster report," Hassett told "Varney & Co.""Before the numbers come out, we look at the forecast from everybody we can find on Bloomberg. We've looked at 61 forecasts, and this number came in better than every single one of them," he added. TRUMP TOUTS BRINGING COUNTRY BACK FROM 'BRINK OF RUIN' Hassett continued, honi ...
Trump economist predicts ‘biggest refund cycle ever,' massive checks ahead
Fox Business· 2025-12-19 14:51
A leading contender to become President Trump’s next Federal Reserve chair said the administration expects larger tax refunds and higher take-home pay next year, as many Americans continue to express concerns about affordability. "We are going to see the biggest refund cycle ever in the history of America, and people are going to get massive refund checks," National Economic Council Director Kevin Hassett said in an interview on FOX Business' "Varney & Co." on Thursday."We're expecting just that part of it ...