News U.S.

White House expects upcoming inflation figure to be ‘elevated’

White House says 'deeply concerned' by Canada allegations against India
Source: Pixabay

The White House said it expected a key inflation reading to show the rate was still “elevated,” following guarded hopes Friday’s data will show that rising prices had cooled.

“We expect the headline inflation number to be elevated,” Press Secretary Karine Jean-Pierre told reporters Wednesday on Air Force One.

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.




Daily Newsletter