Highlights

  • US facing 40-year high inflation
  • Biden said he would support the Federal Reserve in its effort to combat high inflation

Latest news

Samsung Galaxy S26 FE Review: Samsung Gets Most Things Right 

Samsung Galaxy S26 FE Review: Samsung Gets Most Things Right 

Asus Wireless Mouse MD105 Review: Comfortable Mouse for Everyday Work

Asus Wireless Mouse MD105 Review: Comfortable Mouse for Everyday Work

Redmi Note 17 Pro Review: Great Battery Life Meets a Brilliant Display 

Redmi Note 17 Pro Review: Great Battery Life Meets a Brilliant Display 

ASUS Vivobooks Add Intel-Powered Flip Laptops, Snapdragon Battery Champs And AMD Power

ASUS Vivobooks Add Intel-Powered Flip Laptops, Snapdragon Battery Champs And AMD Power

POCO X8 Power Review: The 10,000mAh Battery Phone Done Right 

POCO X8 Power Review: The 10,000mAh Battery Phone Done Right 

Samsung Galaxy S26 FE Launched in India at Rs 79,999 With Exynos 2500 and One UI 9

Samsung Galaxy S26 FE Launched in India at Rs 79,999 With Exynos 2500 and One UI 9

vivo Buds Review: The Budget Earbuds I’d Actually Trust for a Full Workweek

vivo Buds Review: The Budget Earbuds I’d Actually Trust for a Full Workweek

Infinix HOT 70 Pro 5G Review: Big Battery, Distinct Design, But Is It Worth It?

Infinix HOT 70 Pro 5G Review: Big Battery, Distinct Design, But Is It Worth It?

US President Biden publishes opinion piece in the WSJ, here is what he says

US President pens his attack on price rise: 'My Plan for Fighting Inflation'

US President Biden publishes opinion piece in the WSJ, here is what he says

As the cost of living crisis escalates, US President detailed his strategy to combat inflation in a rare opinion piece published in the Wall Street Journal (WSJ) titled: "Joe Biden: My Plan for Fighting Inflation"

America faces the highest level of inflation in 40 years and also the steepest rate hikes in over three decades and Biden has outlined a three part plan in the WSJ to counter it.

Biden's Plan Part 1: Back The Fed
The 79 year old President agreed with the US Federal Reserve on their inflation assessment and made it aptly clear that he is backing the leadership at the central bank under Jerome Powell.

Biden's Plan Part 2: Make It Affordable
Acknowledging the pressure from the Russia-Ukraine war but reiterating that Putin must be 'put in his place' Biden assures citizens that the US Govt will do everything to make things affordable again. He urged Congress to passing clean energy tax credits that would ease utility bills. Biden also called out exorbitant fees that foreign ocean freight are charging adding to the price pressures.

Biden's Plan Part 3: Mind The Deficit
The Democratic president reminded the readers that amid all this keepig a watch on the deficit was essential as it in turn will help ease price pressures.

The US President signs off the article seeking opinions and comments. The President also made a call for bipartisan working as he wrote "I will work with anyone—Democrat, Republican, or independent—willing to have an open and honest discussion that delivers real solutions for the American people.Joe Biden"


Frequently Asked Questions

Joe Biden: My Plan for Fighting Inflation

ADVERTISEMENT

Up Next

US President Biden publishes opinion piece in the WSJ, here is what he says

US President Biden publishes opinion piece in the WSJ, here is what he says

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

ADVERTISEMENT

editorji-whatsApp

More videos

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.