President Biden, Fed Chairman Jerome Powell Meet With Inflation at Its Highest in 40 Years

President Biden discusses steps to tackle high inflation at White House meeting with Federal Reserve Chairman Jerome Powell as his administration signaled a growing urgency to ease rapidly rising prices that threaten the US economy.

Tuesday’s meeting underscored the extent to which the White House is relying on outside forces to help combat the highest inflation in four decades. Administration officials had previously played down inflation worries while pushing for a $1.9 trillion Covid-19 relief package by March 2021 and seeking more spending on health care, education and climate change last year.

https://www.wsj.com/articles/biden-powell-to-meet-with-inflation-at-its-highest-in-40-years-11654018722?mod=pls_whats_news_us_business_f President Biden, Fed Chairman Jerome Powell Meet With Inflation at Its Highest in 40 Years

Edmund DeMarche

USTimesPost.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimespost.com. The content will be deleted within 24 hours.

Related Articles

Back to top button