Brian Deese: ‘There’s No Doubt the U.S. Is in a Better Position Than Any Other Country’ to Address Inflation

‘Our economy is in a transition from what has been the strongest recovery in modern American history to what could be stable and resilient growth’

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EXCERPT:

DEESE: “Well, there are always risks, but here's where I think we are. Our economy is in a transition from what has been the strongest recovery in modern American history to what can be a period of more stable and resilient growth that works better for families. There's no doubt we face serious global challenges right now, inflation first and foremost among them. And it's hitting families hard. But there's also no doubt that the United States is in a better position than any other major country around the world to address inflation without giving up all the economic gains that we have had. And that's because of the strength of our recovery. We have the strongest job market. We have businesses investing. We have Americans actually increasing their savings and paying down their debt.”

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