US President Biden on inflation: Instead of relying on foreign supply chains, let’s make it in America Inflation UnitedStates EconomicIndicator DollarIndex SP500
Key takeaways"Plan” to cut costs of prescription drugs, energy, child care, housing — paid for by raising taxes on wealthy, all without explicitly calling it the “Build Back Better Act."
Meanwhile, US Treasury Secretary Janet Yellen tweeted out: “I am optimistic about the U.S. economic recovery. President Biden’s policies will increase the productive capacity of our economy to boost long-term growth, protect the environment, and promote equity.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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