Harvard Prof., Ex-IMF Chief Economist Rogoff: Cost of Green Transition Will Push Interest Rates up -- Inflation 'Pretty Strong'

On Wednesday's broadcast of CNBC's "Squawk Box," Professor of Economics at Harvard University and former International Monetary Fund Chief Economist Ken Rogoff stated that "the underlying CPI, the underlying core inflation is still pretty strong" and that there will be upward pressure on real interest rates for a long time, and one cause is the fact that "whatever happens with the green transition, that's going to cost money."