Hassett Predicts Economic Rebound, Despite Tariff Concerns
Update: 2025-11-11
Description
White House economic adviser Kevin Hassett predicts a return to a three to four percent growth rate by Q1 2026, despite concerns from economists about weaker consumer spending, slower global trade, and persistent inflation. He believes a surge in business investment could offset these challenges. A survey of economists found that over sixty percent expect Trumps tariffs to reduce economic growth by half a percentage point. Hassett acknowledges inflations overall trend is good, but admits everyday items are more expensive than during Trumps first term.
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