Hassett, an economic advisor at the White House, recently stated in a media interview that Trump's assessment of the current inflation situation is actually correct - the real deviation comes from those who rely on the "year-on-year rate" as a single dimension.



The key divergence lies in how to view the data. Hassett argues that using a "three-month moving average" to examine price pressures would be more reliable. According to this logic, the current rate of price increase is not only not far above the Federal Reserve's 2% target, but is actually lower than it. Trump also understands inflation from this perspective, and the two share a common viewpoint.

But what do the official data say? The CPI report for November released by the United States on Thursday showed a year-on-year increase of 2.7%. Although this is a decline from 3% in September, it is still far from the 2% target. This has led to a divergence in the assessment of price pressures within the Federal Reserve—some officials believe that interest rate cuts should wait a bit longer, as the full impact of tariff policies has not yet been fully reflected, and hastily cutting rates carries significant risks.

Trump has been advocating for interest rate cuts, and this president, who is particularly concerned about the economy, is clearly not satisfied with the current interest rate environment. As one of the popular candidates for the Federal Reserve chair, Hasset's statements in some way reflect the direction of the new round of policy stance.
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LiquidationWatchervip
· 12-23 00:47
Interest rate cuts wait for no one.
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Blockblindvip
· 12-23 00:33
Interest rate cuts are imminent.
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RugpullSurvivorvip
· 12-23 00:32
Inflation data depends on the person.
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