President Biden speaks on the rise in inflation and efforts to lower prices — 6/10/22

President Biden delivers remarks on inflation and the actions of his administration to lower prices and address supply chain challenges.

Inflation accelerated further in May, with prices rising 8.6% from a year ago for the fastest increase since December 1981, the Bureau of Labor Statistics reported Friday.

The consumer price index, a wide-ranging measure of goods and services prices, increased even more than the 8.3% Dow Jones estimate. Excluding volatile food and energy prices, so-called core CPI was up 6%, slightly higher than the 5.9% estimate.

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC
#CNBCTV

President Biden speaks on the rise in inflation and efforts to lower prices — 6/10/22

President Biden speaks on the rise in inflation and efforts to lower prices — 6/10/22


CNBC business news finance stock stock market news channel news station breaking news us news world news cable cable news finance news money money tips covid-19 biden joe biden coronavirus white house biden administration economic recovery economy biden on economy labor department jobs report march jobs job gains jobs unemployment rate jobs report cnbc jobs report reaction cnbc jobs report today jobs report march 2022 march jobs report

Post a Comment

0 Comments