Fact Check: Did 'Nobody' Predict Inflation as Psaki Claims?

Posted on AllSides May 10th, 2022
From The Right
Economy and Jobs, inflation, fact check, White House
Source: AP Photo/Susan Walsh

During the daily briefing at the White House Monday afternoon, Press Secretary Jen Psaki claimed "nobody" could have predicted current, record inflation. 

"As we look ahead to tomorrow's inflation speech, let me ask you to look back at some of the warnings that were issued last year by Summers and Rattner and so on. In retrospect, were they right that some of the government policies were going to lead to inflation?" a reporter asked. 

"I wouldn't say we agreed with them then, and we don't agree with them now. I...

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