Biden still 'not satisfied' with inflation rate - Breaking The News

Biden still 'not satisfied' with inflation rate

9 August

1 min read

EPA-EFE/MICHAEL REYNOLDS

United States President Joe Biden said on Wednesday that inflation has come down significantly but insisted he is still "not satisfied" with where it is.

During an event inaugurating wind turbines in New Mexico, Biden stressed inflation came down from 9% to 3% and claimed it is the lowest among major economies in the world but noted there is still "a lot more work to do."

The US president also announced that the construction of the factory in Belen, New Mexico, manufacturing wind turbine towers for the Arcosa group will create 250 new jobs in the state.

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