United States President Joe Biden, under pressure to tame high inflation, told Americans on Tuesday that he understands what they are grappling with and that he and the US Federal Reserve are working to solve the top issue weighing on his administration.“They’re frustrated,” Biden said of Americans paying more for goods and services across the board. “I don’t blame them.”With a spike in inflation having pushed annual consumer prices more than eight percent higher, the president highlighted his release of oil from strategic petroleum reserves and pressure on companies to return record-high profits to consumers in the form of lower prices.
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