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White House adviser Hassett welcomes lower-than-expected inflation data

By Thomson Reuters Dec 18, 2025 | 8:28 AM

WASHINGTON, Dec 18 (Reuters) – White House economic adviser ‍Kevin Hassett hailed the consumer price index report on Thursday, saying ‌the U.S. ‌economy was showing high growth and lower inflation.

“I’m not saying we’re ​going to declare victory ‍yet ​on the price ​problem, but this ‍is just an astonishingly good CPI report,” he said in ‍an interview with Fox Business Network.

Hassett also ‍said ‍wages were ​growing faster ​than ⁠prices and people ‌could see big tax refunds next year.

(Reporting by Doina Chiacu and Katharine ⁠Jackson)