Biden pitching new steps to fight 40-year high inflation
Published Date: 5/11/2022
Source: WCNC
President Joe Biden is pitching new steps to fight 40-year high inflation and lower consumer prices. The president proposed lowering childcare costs, funding new home construction and passing clean energy tax credits. With a new inflation report due out today, many people are going to be wondering how it will impact their bank accounts. Inflation hit a decade-high record of 8.5% in March, which means you're likely paying more for everyday goods like groceries. But new inflation figures could impact more than what you are spending at the grocery store. READ MORE: https://www.wcnc.com/article/news/local/connect-the-dots/inflation-connect-the-dots-money/275-d564d3cc-1fac-44db-884a-aec735082524