White House denies need for economic policy pivot as inflation remains near record-high

The White House denied it should pivot its economic policies Thursday after September’s consumer price index indicated Americans are still battling record-high prices just weeks before the midterms. 

Jared Bernstein of the White House Council of Economic Advisers joined “America’s Newsroom” to discuss the latest inflation data and why the Biden administration should not alter its current policy. 

“Because the policies that we’re doing to help mitigate and ease price pressures are having effect,” Bernstein told Bill Hemmer and Dana Perino. “For example, look at the supply side of the economy. Supply chains, shipping costs, air freight costs are significantly

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