Tag: high
-
Inflation ‘unacceptably high’ but ‘moving in the right direction,’ White House economic adviser says
A White House economic adviser conceded Sunday that inflation is “unacceptably high” but said it is being blunted by decreasing prices at the pump. Jared Bernstein, a member of the Council of Economic Advisers, noted that rising costs have forced Americans to dip into savings that were increased during the pandemic. “Inflation — which is…