Hilton CEO Expects Trump to Pass Big Econ Bill to Boost Confidence -- Market Talk

Dow Jones

04/29

1002 ET - Hilton Worldwide Chief Executive Chris Nassetta believes consumer confidence will stabilize during the second half of the year despite softening travel demand right now. The executive of the D.C.-based hotel chain told investors he thinks President Trump will pass a sweeping bill over the summer enacting tax cuts and reducing regulation, which he expects will boost overall confidence. "The underlying economy is still really strong," Nassetta said. "What's going on right now is sort of asymmetrical risk to the downside because of all the uncertainty." Once the clouds of uncertainty pass, he said, a strong economy will shine through. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

April 29, 2025 10:02 ET (14:02 GMT)

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The executive of the D.C.-based hotel chain told investors he thinks President Trump will pass a sweeping bill over the summer enacting tax cuts and reducing regulation, which he expects will boost overall confidence. \"The underlying economy is still really strong,\" Nassetta said. \"What's going on right now is sort of asymmetrical risk to the downside because of all the uncertainty.\" Once the clouds of uncertainty pass, he said, a strong economy will shine through. 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The executive of the D.C.-based hotel chain told investors he thinks President Trump will pass a sweeping bill over the summer enacting tax cuts and reducing regulation, which he expects will boost overall confidence. \"The underlying economy is still really strong,\" Nassetta said. \"What's going on right now is sort of asymmetrical risk to the downside because of all the uncertainty.\" Once the clouds of uncertainty pass, he said, a strong economy will shine through. (katherine.hamilton@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 10:02 ET (14:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823411888.USD","symbol_name":"法巴消费创新基金 Cap","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531753662","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531753662","pubTimestamp":1745935320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1002 ET - Hilton Worldwide Chief Executive Chris Nassetta believes consumer confidence will stabilize during the second half of the year despite softening travel demand right now. The executive of the D.C.-based hotel chain told investors he thinks President Trump will pass a sweeping bill over the summer enacting tax cuts and reducing regulation, which he expects will boost overall confidence. \"The underlying economy is still really strong,\" Nassetta said. \"What's going on right now is sort of asymmetrical risk to the downside because of all the uncertainty.\" Once the clouds of uncertainty pass, he said, a strong economy will shine through. 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The executive of the D.C.-based hotel chain told investors he thinks President Trump will pass a sweeping bill over the summer enacting tax cuts and reducing regulation, which he expects will boost overall confidence. \"The underlying economy is still really strong,\" Nassetta said. \"What's going on right now is sort of asymmetrical risk to the downside because of all the uncertainty.\" Once the clouds of uncertainty pass, he said, a strong economy will shine through. (katherine.hamilton@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 29, 2025 10:02 ET (14:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}