WH Hassett: Still sees GDP growth for the year at 3%

Outgoing  White House chairman of Council of Economic Advisers Hassett speaking

He adds:

  • Pres. is getting results on trade
  • Still looking at 3% GDP for the year
  • No sign tariffs have hit consumers
  • Hoping G 20 meeting will get trade back on track
  • Inflation numbers are weak
  • Attributes lower inflation to external factors not the US
  • President trying to open China markets

Hassett has announced that he is stepping down from his post “shortly”. He has been one of Pres. Trumps main cheerleaders. 

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