Don’t freak out about inflation … yet.

Sure, prices are up. But it makes sense, given all the excitement about reopening. POLITICO’s Victoria Guida breaks down why you shouldn’t worry too much about inflation — at least not yet. Plus, masks are off at the White House. And a government watchdog says HUD Secretary Marcia Fudge violated the Hatch Act earlier this year. Victoria Guida covers economic policy for POLITICO. Jeremy Siegel is a host for POLITICO Dispatch. Irene Noguchi is the executive producer of POLITICO audio. Jenny Ament is the senior producer of POLITICO audio.