US President Biden: Fighting inflation is the primary economic task

US President Biden: Fighting inflation is the primary economic task

  On June 3rd local time, US President Biden delivered a speech on the US employment report in the U.S. May in Tellawa, saying that anti -inflation is the primary economic task.

  Biden said that in his plan to respond to inflation, in addition to the Federal Reserve, the other two components were to reduce the cost of life and federal deficit in American families.

  Biden said that most American -speaking families are currently facing high oil prices and high prices.Biden said that the Russian conflict has exacerbated these challenges, and he will reduce the pressure of residents by promoting the development of new energy sources, reducing housing and medication costs.For the federal deficit, Biden said that according to his plan, the United States is expected to cut trillion US dollars this year to promote the biggest decline in history.

(CCTV reporter Zhao Miao) (Editor in charge: Sun Dan).

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