https://sputnikglobe.com/20220610/biden-addresses-inflation-as-us-consumer-prices-see-biggest-increase-in-41-years-1096196248.html
Biden Addresses Inflation as US Consumer Prices See Biggest Increase in 41 Years
Biden Addresses Inflation as US Consumer Prices See Biggest Increase in 41 Years
Sputnik International
Earlier in the day, the Department of Labour said that US inflation hit an annualised rate of 8.6 percent in May, which is the worst showing since the end of... 10.06.2022, Sputnik International
2022-06-10T17:50+0000
2022-06-10T17:50+0000
2022-06-10T17:50+0000
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Sputnik is live from the Port of Los Angeles, where US President Joe Biden is delivering remarks on his administration's actions to improve inflation and skyrocketing prices.Biden is expected to sum up the actions taken by his administration aimed at preventing the consequences of the economic crisis caused by COVID, and the global rise of food and fuel prices amid sanctions against Russia over its special military operation in Ukraine.The speech comes hours after the Department of Labour released a report which revealed that inflation in the United States hit 8.6 percent in May, the highest rate since December 1981. *Follow Sputnik's live feed to find out more.
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Biden Addresses Inflation as US Consumer Prices See Biggest Increase in 41 Years
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Biden Addresses Inflation as US Consumer Prices See Biggest Increase in 41 Years
2022-06-10T17:50+0000
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Biden Addresses Inflation as US Consumer Prices See Biggest Increase in 41 Years
Earlier in the day, the Department of Labour said that US inflation hit an annualised rate of 8.6 percent in May, which is the worst showing since the end of 1981.
Sputnik is live from the Port of Los Angeles, where US President Joe Biden is delivering remarks on his administration's actions to improve inflation and skyrocketing prices.
Biden is expected to sum up the actions taken by his administration aimed at preventing the consequences of the economic crisis caused by COVID, and the global rise of food and fuel prices amid sanctions against Russia over its special military operation in Ukraine.
The speech comes hours after the Department of Labour released a report which revealed that inflation in the United States hit 8.6 percent in May, the highest rate since December 1981.
*Follow Sputnik's live feed to find out more.
