May 22, 2022

National Economic Council Director Brian Deese said Sunday that the high inflation rates across the country are a result of the economy’s “period of transition” in recovering from the pandemic.

“We’re moving from the strongest economic recovery in modern history to what can be a period of more stable and resilient growth,” he said on “Fox News Sunday.”

And although talk of a recession gained traction in recent weeks, Deese said that Americans hit with higher costs — at the pump or at the grocery store or elsewhere — should “take confidence that [the U.S. is] better positioned than any other country to navigate through this and keep our recovery going.”

Read more: