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Hassett: US core inflation momentum is approaching the Fed's target

2026-07-14 14:01

Odaily reported that Kevin Hassett, director of the White House National Economic Council, said that US core inflation momentum is approaching the Federal Reserve's target, and the latest inflation data is the best in six years. A sharp drop in inflation driven by falling gasoline prices is imminent, and pushing gasoline prices down to $3 per gallon is realistic. Hassett also revealed that Trump may discuss the banking system and respect the Federal Reserve's independence. (Jinshi Data)