US NEC Director Hassett says energy prices will drop once the Strait of Hormuz is open, remarks via Fox Business; stock market is celebrating because productivity is so high
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US NEC Director Hassett says energy prices will drop once the Strait of Hormuz is open, remarks via Fox Business; stock market is celebrating because productivity is so high
Hungarian Deposit Interest Rate (May) 5.25% vs. Exp. 5.25% (Prev. 5.25%)
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ENERGY PRICES
- Consumers should feel falling oil prices "right away"; falling prices will be felt once the Strait of Hormuz reopens.
- The price of gasoline has to come down.
INFLATION
- "For sure" inflation will come down by year-end.
AI
- The government is keeping an eye on new AI models.
OTHERS
- Sees onshoring from drug firms and electricity infrastructure.
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