Kevin Hassett, director of the White House National Economic Council, said that prices of commodities such as beef and eggs are falling, but consumer price data for September showed that overall inflation still requires policy attention. In an interview on Monday, Hassett said, “If you look at the previous three months, inflation seems to have been completely controlled, but now it seems that another effort is needed.” In an interview, Hassett said, “This either means some kind of break in the downtrend, or it's just a brief fluctuation.” Hassett said he respects the independence of the Federal Reserve, saying that Walsh would “do what he thinks is right.”

Kevin Hassett, director of the White House National Economic Council, said that prices of commodities such as beef and eggs are falling, but consumer price data for September showed that overall inflation still requires policy attention. In an interview on Monday, Hassett said, “If you look at the previous three months, inflation seems to have been completely controlled, but now it seems that another effort is needed.” In an interview, Hassett said, “This either means some kind of break in the downtrend, or it's just a brief fluctuation.” Hassett said he respects the independence of the Federal Reserve, saying that Walsh would “do what he thinks is right.”