Former White House Economic Adviser Kevin Hassett Discusses a Price-Sensitive Consumer and Economic Outlook

Economic Advisor weighs in with observations about a price-sensitive consumer and economic outlook.

Carson unpacks concerns about the turbulent economy.

Former White House Council of Economic Advisers Chairman Kevin Hassett recently sat down with Ben Carson to discuss the turbulent market and the country's economic outlook. Hassett believes that a more price-sensitive consumer is one of the reasons inflation has been trending downward.

According to the Labor Department, annual inflation has fallen from a 40-year high of 9.1% in mid-2022 to 3% in June. Hassett unpacked that data and its implications during an interview with Carson.

• Consumers are becoming increasingly price-conscious.
• Inflation has been trending downward.
• The Labor Department reports that annual inflation has fallen to 3%.