NEC Dir. Kevin Hassett on the June CPI: It’s Absolutely the Best Inflation Report We’ve Seen in About 6 Years
‘If you look at the core, it’s all the way down, year-over-year to 2.6%, which is just about where the Fed expects it to be’
EXCERPT:
HASSETT: “Yeah, it's absolutely the best inflation report we've seen in about 6 years. If you abstract from energy, if you look at the core, it's all the way down year-over-year to 2.6%, which is just about where the Fed expects it to be.”
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