The White House said the pair would discuss the state of the U.S. and global economy and especially inflation.
President Joe Biden participates in a magnolia tree planting ceremony on the South Lawn of the White House in Washington, Monday, May 30, 2022. – President Joe Biden is set to meet with Federal Reserve Chairman Jerome Powell as soaring inflation takes a bite out of Americans' pocketbooks.
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.” But the economy saw a welcome bit of data Friday, as the Commerce Department said inflation rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.The inflation figure was below the four-decade high of 6.6% set in March. While high inflation is still causing hardships for millions of households, any slowing of price increases, if sustained, would provide some modest relief.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
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.
Leer más »
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.
Leer más »
President Joe & First Lady Jill Biden Mark Somber Memorial Day Weekend After Uvalde, Texas ShootingPresident Joe Biden and First Lady Dr. Jill Biden spent the weekend comforting families, who are grieving the tragic loss of lives.
Leer más »
Why are BTS meeting President Joe Biden at the White House?Newsweek takes a look into when BTS are set to meet Joe Biden, and why the popular K-pop band are joining the Commander In Chief.
Leer más »
Biden to meet Fed 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.
Leer más »
Biden to meet Fed chair as inflation bites pocketbooksWASHINGTON (AP) — 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.
Leer más »