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Biden says reversing inflation a top priority, targeting energy costs -Breaking

by Mike Robinson

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WASHINGTON (Reuters), – U.S. president Joe Biden announced Wednesday that he asked National Economic Council for assistance in reducing energy costs, and Federal Trade Commission support in repressing market manipulations in the energy sector as part of a wider push to end inflation.

According to the Democratic President, he is committed to the independence and effectiveness of the Federal Reserve’s efforts to fight inflation. He stated that inflation hurts Americans’ pocketbooks and that he considers it a top priority to reverse this trend.

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