Dem Rep. Espaillat: Don't Need Further Action Because Inflation Will 'Eventually' Start Declining Due to Low Unemployment, Gas Prices

On Thursday's broadcast of C-SPAN's "Washington Journal," Rep. Adriano Espaillat (D-NY) responded to a question on what more the Federal Reserve should do and Congress could do to combat inflation by stating that declines in gas prices and low unemployment show that "eventually, inflation will begin to come down" and he doesn't think any further rate hikes are needed.