Moody’s Chief Economist: Price Gouging Isn't a 'Significant Factor' in High Inflation

On Tuesday's broadcast of C-SPAN's "Washington Journal," Moody's Analytics Chief Economist Mark Zandi stated that price gouging is not "a significant factor here in the high inflation that we're observing," and "I don't think the reason why consumer price inflation is close to 8% year-over-year is because of price gouging."