US: Biden urges Senate to confirm Fed appointments, citing inflation

By

Reuters

on 10.05.2022 at 7:02 p.m.

Reading 1 min.

US President Joe Biden called on the Senate on Tuesday to confirm his appointments to the Federal Reserve, recalling the key role of the central bank of the United States in the fight against rising prices. /Photo taken on May 10, 2022/REUTERS/Leah Millis


LEAH MILLIS

WASHINGTON (Reuters) – U.S. President Joe Biden called on the Senate on Tuesday to confirm his appointments to the Federal Reserve, stressing the key role of the U.S. central bank in tackling rising prices.

Joe Biden, who also stressed the independence of the Fed, said he was confident in the ability of the latter to fulfill its missions, believing that inflation was the major economic priority.

(Jeff Mason report, written by Susan Heavey, French version Laetitia Volga, edited by Nicolas Delame)

Leave a Comment