CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / World Business

Inflation caused by pandemic, not Biden policies, says White House adviser

Published: 14 Nov 2021 - 05:27 pm | Last Updated: 14 Nov 2021 - 05:30 pm
Peninsula

Reuters

WASHINGTON: White House economic adviser Brian Deese said rising prices are a global issue stemming from the coronavirus pandemic and is not a result of the policies of President Joe Biden.
Deese, director of the White House National Economic Council, told CNN's "State of the Union" that he and others in the Biden administration did not err in saying earlier that inflation would be a short-term problem. (Reporting by Doina Chiacu; Editing by Lisa Shumaker)