Economy

‘It will take more time’: Biden spins higher-than-expected August inflation data

By Naomi Lim
Published September 13, 2022 2:37pm ET
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‘It will take more time’: Biden spins higher-than-expected August inflation data
President Joe Biden urged the public to be patient as his administration reacts to higher-than-expected inflation last month. Biden contended August’s consumer price index demonstrated “more progress in bringing global inflation down in the U.S. economy.” DEMOCRATS HOPEFUL OF POST-ROE SURGE IN SUPPORT FROM HISPANIC WOMEN “Overall, prices have been essentially flat in our country these […]

President Joe Biden urged the public to be patient as his administration reacts to higher-than-expected inflation last month.

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