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Wage increases will continue and should give hope for the future, says NEC director Kevin Hassett
CNBC Television· 2025-11-17 13:55
White House National Economic Council Director uh Kevin Hasset. Good morning, Kevin. How are you.>> You guys had a great uh marriage session there. Marriage counseling session. I think there's hope for you two. >> There there's hope.We got maybe we cover the gamut. Uh professional optimist, professional u skeptics. Uh maybe the truth is somewhere uh in in the middle.Uh Kevin, and I I have been fairly optimistic. I when people come on about uh the US economy, I can find a lot of positive things. Um why do yo ...
Inflation in June rose by 0.3% month over month and 2.7% year over year.
NBC News· 2025-07-15 15:35
ation did rise by 0.3% month overmonth in June and 2.7% year-over-year. That's higher than last month's figure of 2.4%. I would ask also that 2.77% year-over-year without the impact of tariffs.That feels like that is setting the groundwork for something that can be pretty impactful to a lot of consumers. What are you expecting. Yeah, it is higher than we would like to see it and it's higher than the Fed's target rate, but when you look at wage increases, those have been about 3 three and a half%.And so wage ...