Biden pledges to battle ‘too high’ prices as inflation surges

Published by
Reuters

By Andrea Shalal BALTIMORE (Reuters) -President Joe Biden’s first trip to celebrate a long-sought congressional victory on infrastructure was clouded by new data showing inflation rose to a level not seen for more than 30 years.Biden, who ran on his ability to whip COVID-19 and revive the economy that the pandemic left in tatters, now faces rising political pressure over shortages of goods and rising prices as society comes back to life. “Consumer prices remain too high,” Biden said at the Port of Baltimore. “We still face challenges we have to tackle head on.” The remarks followed hours after…

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