Sunday on CBS’s “Face the Nation,” Commerce Secretary Gina Raimondo weighed in on the record-high inflation across the United States.
Raimondo advised that inflation had “probably” peaked, assuming there was not another global pandemic or war. She lamented that there was “so much out of our control” regarding inflation.
“[Biden] is being appropriately deliberative to make sure that, yes, he wants to reduce inflation, and he wants to make it easier for consumers, but he wants to be certain that when we do it or if we do it, it won’t have any impact on American workers.”
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Host Margaret Brennan then asked if inflation had “peaked.”
“Anyone who gives you a straight answer to that, I’m not sure, is telling you the