On Tuesday's broadcast of CNBC's "Squawk Box," Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the Council of Economic Advisers and the National Economic Council under President Bill Clinton, stated that the inflation issue won't go away anytime soon, he doesn't see inflation going "much below 3% this year. I don't see it coming down below that without a decent-sized recession." And there's nothing in the January CPI that makes him feel good, especially when you consider the core inflation figure comes with "some special things that were helping" that you can't rely on continuing.