‘Top economic priority’: Biden, Fed chair Jerome Powell to meet on Tuesday as inflation soars amid risks of a recession

[basquebromance]

i'm sure they'll work it out... i have supreme confidence NOT

Biden and Powell to meet as Fed rate hikes start to bite

The White House has supported Fed efforts to bring down inflation

www.axios.com

 

[Moonglow]

Key measure of inflation slows for the first time in months, offering hope that high prices may start to fall. An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.3 days ago

Key measure of inflation slows for the first time in months ...​

 

[basquebromance]

‘My top economic priority’: Biden op-ed lays out plan to fight inflation

The issue has dampened the president’s approval rating and plagued Democrats ahead of the midterm elections.

www.politico.com