White House National Economic Council director Hassett told ABC's This Week that media coverage tends to fixate on isolated disappointing consumer-price readings, citing gasoline. He urged markets to focus on the broader picture and changes in real wages, saying employment gains, stock-market strength and healthy corporate profits are translating into higher pay and that short-term price swings should be taken in stride.

2026-05-31

White House National Economic Council director Hassett told ABC's This Week that media coverage tends to fixate on isolated disappointing consumer-price readings, citing gasoline. He urged markets to focus on the broader picture and changes in real wages, saying employment gains, stock-market strength and healthy corporate profits are translating into higher pay and that short-term price swings should be taken in stride.