World
Biden says inflation may be easing but people are 'still hurting'
US President Joe Biden said there were signs that inflation may be beginning to moderate. — Reuters pic

WASHINGTON, Aug 10 —US President Joe Biden today said that inflation is showing signs of moderating but that more work is needed to make consumers’ lives easier.

"We’re seeing some signs that inflation may be beginning to moderate,” Biden said after a report showing that consumer prices stayed the same in July due to a sharp drop in the cost of gasoline. "People were still hurting, but zero inflation.” — Reuters

Related Articles

 

You May Also Like