Psaki: The White House is focused on curbing inflation


White House press secretary Jen Psaki said on Tuesday that the Joe Biden administration is focused on preventing inflation from becoming a problem in the future.

A jump in demand with the reopening of the US economy has caused a sharp increase in inflation, and continued supply bottlenecks are expected to keep price increases well above the Fed’s 2 percent average inflation target through the end of the year and possibly next.

Source: Reuters

Saki article: The White House Focuses on Curbing Inflation was written in Al Borsa Newspaper.