White House Begins Month-Long Focus on Inflation

The Biden administration has began a month-long effort to focus on inflation and the economy. The push began yesterday with an op-ed published in ‘The Wall Street Journal’ and continues tomorrow with an oval office sit-down between Biden, Federal Reserve Chairman Jay Powell and Treasury Secretary Janet Yellen. President Biden is also expected to make a speech on the new jobs report on Friday. According to his plan, he will “address inflation, starting with a simple proposition: respect the Fed, respect the Fed’s independence, which I have done and will continue to do.”