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Transcripts for CNN The Lead With Jake Tapper 20211209 21:20:00

now predicting that will fall to $3.01 in january. we should note that is still well above prices a year ago so when do you think looking at inflation at large gasoline, groceries, everything else will return to prepandemic price levels? you know, we might see cheeringly at the holiday season a little bit of a price decline in part because of the point i made earlier that we ll be staying home because of the variant. there is, you know, i m seeing parties canceled. some of the offices that wanted to bring people back are saying, no. let s wait until january, the end of the first quarter. that is going to make travel and tourism decline. that means energy prices will go down. gas prices will go down. i think companies are really getting their act together on supply chains and as long as we don t see more major delays there, that is going to be good news for inflation. it means some of the bottlenecks might decrease. you alluded to this earlier. how much of the economic recovery depe

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