WH Economic Adviser Rouse: We Misjudged Inflation Because Thinking ‘Was Tied to the Pandemic’ – We’re ‘Still in the Midst of’ Pandemic

On Tuesday’s broadcast of “CNN Newsroom,” White House Council of Economic Advisers Chair Cecilia Rouse stated that the White House incorrectly predicted inflation wouldn’t be a long-term issue because “what we understood about inflation at the time was it was tied to the pandemic. We are still in the midst of this pandemic.” And because Russia’s invasion of Ukraine has caused economic problems.
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