Home / Market Update / Biden: Price pressures will ease as global economy improves

Biden: Price pressures will ease as global economy improves

US President Joe Biden said on Friday that price pressures would ease as the global economy improves.

“Gasoline price drops are beginning to reach Americans and this should pick up, he added, saying that China might also decide to release more oil, though it has not done so just yet.

Check Also

U.S. CPI Hits 3-Year High of 4.2% in May: Iran War Energy Shock Keeps Inflation Pressure Firmly Elevated

Key Takeaways CPI at 3-year high: Annual U.S. consumer inflation rose to 4.2% in May …