Biden plots inflation fight

President Joe Biden said tackling inflation is his “top priority” at a rare meeting with the chairman of the Federal Reserve. ABC News’ Mona Kosar Abdi reports.

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42 thoughts on “Biden plots inflation fight

  1. I keep reading about people grabbing multi-digit income in investments every month, even in these crazy days in the market, and fluctuations in prices,any pointers on how to make substantial progress in income? I would appreciate. The cost of living at this time is getting really high. I really need good ways to increase my finance😫

  2. The Biden adminstration doesn't have a clue. If they want to look at the root cause of all of America's problems they need to find a mirror.

  3. We have two entities, the Fed and the President, arguing about fixing the problems that they caused, that they should have never been involved in to begin with. My concern is we may enter into a recession worse than 2008. Though I'm currently up 24% due to diversification, global markets are down and we should be heading into a large correction. I just hope it won't be a multi-year correction.

  4. Biden is a thief and a corrupt official, at a time when millions of Americans are forced to pay many times higher for fuel, experience a crisis and high inflation, Biden sends billions of dollars to the Ukrainian war from the US budget. This money ends up in firms associated with Biden and his son hunter – this is a family business on the blood. In addition, he constantly provokes the Russians to use nuclear weapons against the United States.

  5. Reminder that Biden has added over 10 trillion to the deficit in less than 2 years. Trump added just under 4 trillion in 4 years.

  6. Democrats don’t care about you! Look what is happening in America! Higher gas prices daily l, groceries going up daily, no border control, higher taxes on all not just the rich, limited to no baby formula, the list can keep going on and on with no true solutions! You can thank a democrat for that

  7. Time for a leadership change. Democrats are good at killing the economy. Trump had the best economy in US history and lowest unemployment for blacks and Hispanics on record but once the democrats got a hold of it they destroyed it and now we are headed to a recession with no true solutions. Let’s blame everyone but the responsible party. Democrats all have excuses and are full of shi-

  8. "By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." – John Maynard Keynes

  9. I love it. After Jimmy Carter the Country didnt see a Democrap for 12 years.
    After Biden it may be 24 years.

  10. Hey Joe If you have not figured it out, Diesel is the main source that powers todays world – Farming, Trucking, shipping, production, construction, military large vehicles anything requires Diesel – if you want to cut inflation – get to work on Oil and Gas production in the USA.
    Truckers are parking their trucks, Trucking Companies are closing their doors due to Fuel Cost – you have totally crashed the Transportation Industry, one in which you said you were going to add Truckers – now they are stopping due to Fuel Cost, adding to the Supply Chain Issue and added Inflation "cost are passed onto goods" – figure it out Joe, you have to open up TODAYS ENERGY / USA Oil and Gas now – work toward Green which is out over the next 15-30 years to reach a percentage of supply….
    Just raising Interest Rates will not fix the issue – you have to open up USA Energy in a "Big" way to stop inflation…

  11. Biden needs to pump Crude Oil full steam ahead in order to lower Record High Gas & Diesel Prices therefore Inflation. Don't hold your breath, Far Left Socialist Authoritarian Democrats don't care. Not one bit, nada

  12. I will say I do have respect for Janet point blank admitting she was wrong, I just wish it was being wrong about something and just about anything else. We’re in a country where even pre-inflation people were putting off every big milestone aspect of adult life – from having a family (that you want but know you can’t afford) to buying a house – because they couldn’t afford it. Stuff that’s benchmark. Why nobody took inflation seriously, and recognizing it’d be way more than 3%, I simply don’t understand.

  13. Incompetent people with the highest education you can receive are gonna drive us head first to the ground. Unbelievable. All we get “I was wrong” smh.

  14. Pathetic Biden Is A Lying , Corrupt, SENILE , Liberal Controlled Puppet ! A Complete EMBARRASSMENT For Americans , And Is Joke Of A Leader Of The Free World ! No One , No One Respects Biden And The Liberal Controlled Media Desperately Covering For Biden's Mistakes And His Liberal Agenda Hurting And Destroying Our America ! Biden And His Liberal Controllers Have NO CLUE Of The Damage They Have Done ! Out Of Control Border Illegal Immigration, Gender, Racial Divide , Identity Policies , Staggering Inflation/Gas Prices Are All BIDEN'S FAILURES ! Biden's So-Called 80+ Mil. Votes ? Who Really Believes That ? …… Come On Man ! lol

  15. Interest rate has to be same or higher than inflation rate to control inflation. Btw inflation is 10% week over week with some stuff.

  16. We need to take Russia oil and gas right now . Take it by force by all means . If they can take over another country so can we !

  17. Go take a Nap Biden! Your administration is doing nothing to help fight inflation besides talking. There has been no action besides sending $40 more billion abroad. Again this money will be paid for by us taxpayers and will be added onto our daily cost of living. Cant wait for midterm in Nov.

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