U.S. economy recovering strongly, inflation not the issue -White House's Deese
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FILE PHOTO: U.S. National Economic Council Director Brian Deese addresses reporters at the top of the daily press briefing at the White House in Washington, U.S., April 26, 2021. REUTERS/Evelyn Hockstein
WASHINGTON (Reuters) - The U.S. economy is recovering "very strongly," in the short term following the COVID-19 outbreak, White House National Economic Council Director Brian Deese said on Wednesday, adding that near-term inflation pressure was not a major issue.
"To the degree that people are focused on inflationary pressures in the short term, that really is not the issue. In the short term, this is an economy that is recovering very strongly," Deese said at an event hosted by the Atlantic Council.
(Reporting by Nandita Bose and Susan Heavey)
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