CNN's Quest: Inflation Will 'Continue to Rise for the Foreseeable Future'

On Monday's broadcast of CNN's "New Day," CNN Business Editor at Large and host Richard Quest stated that inflation will "continue to rise for the foreseeable future. It might slow down a bit, but prices are going to continue to rise, for the foreseeable future." And "the medicine that the Fed is delivering has only just started. ... We're talking about later this year, early into next, mid into next."