Acting Chairman of the White House Council of Economic Advisers: Inflation is returning to normal and falling back into historical range.

The acting chairman of the White House Council of Economic Advisers, Pierre Yared, said that inflation is "returning to normal and falling back into historical range." "If you look at the inflation rate since this administration took office, it is currently about 2.5%. This is very close to the normal range of CPI, which is about 2% to 2.3%," he said.