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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.
Sounds like the intended war bonds to be accumulated ready for sale are not quite panning out right..even if it gets finalised,who's going to be able to invest in them..the finances..strange condom world we've got..
Rigged elections have consequences.
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