TELETRADER News
1/26, 8:39 PM
(Source: TeleTrader)
Biden: Wages growing faster than inflation
United States President Joe Biden said on Thursday that wages in the country are growing faster than inflation, stressing inflation has slowed every month for the past six months.
Speaking at an event in Virginia, Biden also praised the latest GDP report, saying the economy is growing faster than expected, and insisted all these indicators mean his economic plan is "actually working."
The US president also warned against supporting Republicans, claiming they want to pass legislation to raise gas prices and cut taxes for the rich.