Biden Concedes It Will ‘Take Some Time’ for Inflation to Ease

Biden Concedes It Will ‘Take Some Time’ for Inflation to Ease
President Joe Biden gives remarks on student debt relief at Delaware State University in Dover, Del., on Oct. 21, 2022. Anna Moneymaker/Getty Images
Jack Phillips
Updated:
0:00

President Joe Biden on Wednesday said that it will take time before inflation will ease for most Americans as polls show how price pressures continue to be a pressing issue ahead of the 2022 midterms.

“I’m optimistic,” he said during an event unveiling new Consumer Financial Protection Bureau rules against banking fees. “It’s going to take some time. I appreciate the frustration of the American people.”

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
twitter
Related Topics