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White House economic chief reveals why Americans aren't feeling optimistic about economy

White House economic chief reveals why Americans aren't feeling optimistic about economy

Americans are still spending, but frustration over inflation and borrowing costs is clouding how they feel about the economy, a disconnect the White House says it is trying to understand.White House National Economic Council Director Kevin Hassett joined FOX Business’ Stuart Varney on "Varney & Co." to discuss why consumers remain uneasy about the economy despite signs of continued spending and investment.The tension comes as higher energy costs put renewed pressure on inflation. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of...

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Wayne G Fraser
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State Georgia, North Carolina, South Carolina
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