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February 28, 2024
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Featured Politics

Biden says inflation ‘top priority’ as US prices hit 30-year high

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AFP

Washington (AFP) – President Joe Biden has made fighting US inflation his “top priority” after government data showed it reached a 30-year high last month, underscoring the continued threat to his presidency and the economic recovery. The sharp spike in the consumer price index (CPI) in the Labor Department data released Wednesday surprised economists and the White House alike, and came as Biden heads to Baltimore to promote the $1.2 trillion infrastructure overhaul he argues can turn the tide. “Inflation hurts Americans pocketbooks, and reversing this trend is a top priority for me,” Biden sa…

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