President Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks.
Drew Angerer/Getty Images
President Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans' pocketbooks. The meeting will be the first since Biden renominated Powell to lead the central bank and comes weeks after his confirmation for a second term by the Senate.
The White House said the pair would discuss the state of the U.S. and global economy and especially inflation, described as Biden's “top economic priority." The goal, the White House said, is a “transition from an historic economic recovery to stable, steady growth that works for working families.” Inflation in the U.S. hit a 40-year high earlier this year, amid supply chain constraints caused by the global economy's recovery from the pandemic and Russia's invasion of Ukraine.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Biden and Dr. Jill Biden Visit Texas to Honor Victims of the Uvalde ShootingPresident Joe Biden and first lady Dr. Jill Biden visited the town of Uvalde in Texas to pay their respects to the 19 children and two adults killed in a mass shooting at Robb Elementary School on Tuesday.
Read more »
President Joe Biden, first lady Jill Biden visit Uvalde communitySome Uvalde, Texas community members are thankful for President Biden's visit, but are ready to see real change after a school shooting left 19 students and two teachers dead.
Read more »
Biden to meet Federal Reserve chair as inflation bites pocketbooksPresident Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks.
Read more »
President Biden suggests razing Texas elementary school where 21 people were killed, state senator saysPresident Biden told a local lawmaker while visiting Uvalde on Sunday that the federal government may provide resources to raze Robb Elementary School, where 19 children and two teachers were shot …
Read more »
President Biden and First Lady Visit Uvalde, Honor VictimsPresident Joe Biden and First Lady Dr. Jill Biden visited Uvalde, Texas days after a school shooting claimed the lives of 19 children and two adults
Read more »
President Biden to observe Memorial Day by laying wreath at Tomb of the Unknown SoldierPresident Joe Biden will observe Memorial Day with a wreath-laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery Monday.
Read more »