Heather Boushey from the White House Council of Economic Advisers discusses the March PPI inflation data and expresses optimism about the economy and inflation trajectory.
Key Points
March PPI inflation data showed the highest level in almost a year
Inflation has been coming down, but the trajectory has slowed recently
Economy continues to grow at a healthy clip with over 300,000 jobs added in March
Pros
Optimistic view on the economy and inflation trajectory
Focus on lowering costs for families and growing the economy