Biden Administration Doesn’t “Have a Prediction” of How High Gas Prices Will Go

White House press secretary Jen Psaki on Thursday doubled down on blaming Vladimir Putin for soaring U.S. inflation, after the consumer price index hit another 40-year high of 7.9 percent in February, which Biden called 'Putin's price hike.'

'It is accurate that the invasion by President Putin into Ukraine has impacted global inflation,' she said, adding it affected inflation in the U.S. 'because of the impact it's had on energy prices and that is a significant contributor to inflation. The inflationary numbers we saw come out today.'