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11/30/2021, 8:17 PM (Source: TeleTrader)
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Psaki: Inflation to subside as pandemic gets under control

White House Press Secretary Jen Psaki insisted on Tuesday that inflation in the United States would return to lower levels once the coronavirus pandemic comes under control.

The markets have been shaken once again after Federal Reserve Chair Jerome Powell revealed earlier today the Fed could wrap up taper a few months sooner than initially planned.

Meanwhile, White House health experts asserted during today's press briefing that the newly registered Omicron coronavirus variant shouldn't be a reason for panic.

Baha Breaking the News (BBN) / ND