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NEC Director Kevin Hassett Says U.S. Inflation Shows Positive Trend

According to CNBC, National Economic Council (U.S. policy advisory body) Director Kevin Hassett reports that recent Consumer Price Index data came in below expectations, suggesting an improving inflation outlook.

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Terms & Concepts
  • National Economic Council (NEC): A U.S. government body that advises the President on economic policy.
  • Consumer Price Index (CPI): A measure that examines the average change over time in prices paid by consumers for goods and services.