The brief statement attributes improving price conditions to microeconomic trends, though it provides no new data, timeframe, or policy details.
White House Senior Adviser Kevin Hassett said inflation is declining at the microeconomic level, according to the provided statement. The remark signals a view from the White House that underlying price pressures may be easing in parts of the economy. However, the source provides no supporting figures, dates, sector breakdowns, or additional policy context, so the comment stands as a high-level assessment rather than a detailed economic update.