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Biden Plan to Combat Inflation with U.S. Manufacturing Faces Skepticism
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Economists and analysts are skeptical that a Biden administration push to increase domestic manufacturing will have the White House’s intended effect of meaningfully taming inflation.
Administration officials have said that increasing domestic manufacturing would insulate the U.S. from the kinds of global supply disruptions that occurred during the Covid-19 pandemic and helped fuel inflation, which is at a 40-year high of near 8%, and is poised to see more upward pressure tied to Russia’s war in Ukraine.
Read more on wsj.comAbout this in other media
ECB Confirms Plan to End Bond Buys as Ukraine War Boosts Inflation wsj.com /2 years ago
Biden accuses Putin of 'genocide', wanting to 'wipe out' Ukrainians euronews.com /2 years ago
Pope Francis calls for "Easter truce" in Ukraine in Palm Sunday address euronews.com /2 years ago
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