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Biden Economic Adviser: Americans Will Experience Some Inflation
Chair of the Council of Economic Advisers Cecilia Rouse, with member of the Council of Economic Advisers Heather Boushey, speaks during the daily press briefing at the White House in Washington, on March 24, 2021. Jim Watson/AFP via Getty Images
A White House official on Sunday said the administration expects to see some “transitory inflation” as the United States emerges from the COVID-19 pandemic.
Speaking to Fox News, Council of Economic Advisers chair Cecilia Rouse was asked about whether the trillions of dollars in new and proposed spending will lead to inflation.
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5