Dep Treas.Adeyemo: We expect inflation to continue to come down ...Middle East

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Dep Treas.Adeyemo: We expect inflation to continue to come down
US Deputy Treasury Secretary Adeyemo speaking on CNBC says:US Manufacturers, distributors to step up compliance with Russia sanctions.US CEOs need to pay more attention to supply chain.US banks, CEOs are not complicit with Russia's evasion of sanctions over Ukraine.Without China, Russia's military supply chain would ground to a halt.While US economy is doing better, there are still challenges.Administration focused on bringing costs down.G7 has indicated that China will face higher tariffs from a collection of countries that want to level the trade playing field.We expect inflation to continue to come down.We have to build more housing in this country and expect those prices to come down too

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