Published 2 years ago

Biden congratulates Powell, promises Fed 'laser focus' on inflation

Summary by Ground News

U.S. President Joe Biden said he and Jerome Powell will discuss inflation in a White House meeting Tuesday. Biden pledged to give the Federal Reserve chair space to do his job. Powell has been nominated for a second four-year term as the Fed's chair.

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Reuters

Biden congratulates Powell, promises Fed 'laser focus' on inflation

U.S. President Joe Biden said he and Jerome Powell will discuss inflation in a White House meeting Tuesday, and pledged to give the Federal Reserve chair space to do his job.

2 years ago·United Kingdom

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CNN

White House unveils a monthlong focus on the economy as prices rise and poll numbers fall

Facing rising prices and deep voter dissatisfaction, the White House this week is launching a month-long effort to signal heavy focus on the economy as inflation worries become the top concern for the White House before this fall's midterm elections.

2 years ago·Atlanta, United States

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Washington Times

Biden says Powell, Fed will get inflation under control

President Biden tried to assure Americans Tuesday that Federal Reserve Chairman Jerome Powell and the central bank will get control of record inflation, despite the price of gas hitting another high and three-quarters of voters saying the nation is headed in the wrong direction.

2 years ago·United States

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Channel News Asia

Biden, Fed chair discuss US inflation at White House

WASHINGTON: President Joe Biden on Tuesday (May 31) holds a rare White House meeting with the head of the Federal Reserve, Jerome Powell, to discuss soaring inflation and White House attempts to tame the politically damaging price surge ahead of midterm elections. In their first such meeting this year

2 years ago·Singapore

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The Hill

Biden meets with Powell, urges respect for Fed

President Biden met with Federal Reserve Chair Jerome Powell at the White House on Tuesday and urged respect for the Federal Reserve Board amid high inflation. “My plan is to address inflation, sta…

2 years ago·Washington, United States

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IBTimes

Biden, Fed Chair Discuss US Inflation At White House

President Joe Biden on Tuesday holds a rare White House meeting with the head of the Federal Reserve, Jerome Powell, to discuss soaring inflation and White House attempts to tame the politically damaging price surge ahead of midterm elections. In their first such meeting this year, Biden and Powell will "discuss the state of the American and global economy," the White House said, with an emphasis on inflation.

2 years ago·United States

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