HASSET: CPI DATA REFLECT THE EFFECTIVENESS OF THE TRUMP POLICY

HASSET, DIRECTOR OF THE WHITE HOUSE NATIONAL ECONOMIC COMMISSION, STATED THAT CPI DATA REFLECTED THE EFFECTIVENESS OF THE TRUMP POLICY. THE STATEMENT ATTRIBUTES INFLATION INDICATORS DIRECTLY TO SPECIFIC POLICY ORIENTATIONS AND AIMS TO ENHANCE MARKET CONFIDENCE IN THE CURRENT PATH OF ECONOMIC GOVERNANCE. THIS IS INTENDED TO CONSOLIDATE INFLATIONARY NARRATIVES THROUGH POLITICAL ENDORSEMENTS IN AN ATTEMPT TO GUIDE THE MARKET TOWARDS OPTIMISTIC EXPECTATIONS OF FUTURE PRICE TRENDS. THIS VIEW CLEARLY LINKS ECONOMIC DATA TO POLICY DIVIDENDS AND AIMS TO ENHANCE POLICY CREDIBILITY AND SUPPRESS CONCERNS ABOUT THE REBOUND OF INFLATION。