National Economic Council Director Brian Deese on Tuesday argued that the U.S. is in a position of strength to combat high inflation, following President Biden’s release of a three-part plan to lower rising prices. “The economy we have right now is in a transition from this period of historic economic growth to a period that can be more stable, resilient growth. That requires focusing on inflation and doing so from a position of relative strength,” Deese told CNBC. He said the U.S. is in a better position to combat inflation than other countries because of the strong labor market, marked by a decline in unemployment, and household balance sheets, marked by American families increasi
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