Hassett: Fuel prices 'still higher than we would like’
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Watch CNBC's full interview with White House National Economic Council Director Kevin Hassett
White House National Economic Council Director Kevin Hassett joins 'Squawk Box' to discuss the state of the economy, July jobs report, the Fed's rate path outlook, inflation concerns, Intel's $15B stock offering proposal, and more.
(Washington = Yonhap News) Correspondent Lee Yu-mi = Kevin Hassett, Chairman of the White House National Economic Council (NEC), on the 9th (local time) [mentioned] what can be considered an indicator of public sentiment regarding the U.S. midterm elections...
Hassett: Fuel prices 'still higher than we would like’
National Economic Council Director Kevin Hassett on Sunday expressed concern about continued high fuel prices amid the ongoing conflict with Iran. “Now, prices are still higher than we would like, but we've taken a lot of steps so that when the Gulf situation is resolved, then we can expect prices to go way, way down...
Kevin Hassett, director of the White House National Economic Council (NEC), said on Sunday (August 9) that although gasoline prices in the United States are still higher than the government’s expectations due to the impact of the US-Iran conflict, the overall economy is still “growing very, very vigorously.”
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