White House: inflation seen as a transitory phenomenon

WASHINGTON, May 14 (Reuters) - People view the current spike in inflation in the United States as a transitory phenomenon, White House economic adviser Cecilia Rouse said on Friday.

Rouse, speaking to reporters at the White House, said a mismatch between supply and demand due to the pandemic and the economic snap-back had pushed inflation higher but that the mismatch should prove temporary.

"I fully expect that will work itself out in the coming months," she said.

(Reporting by Trevor Hunnicutt and Timothy Ahmann; editing by Diane Craft)

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