United States President Joe Biden will meet with Federal Reserve Chair Jerome Powell on Tuesday to stress the need to cool the highest inflation in 40 years and rein in soaring petrol, food and consumer goods prices.The meeting will be the first since the Fed chair was confirmed for his second term by the Senate earlier this month.Biden will also reiterate the Fed’s independence in addressing the inflation crisis, White House economic adviser Brian Deese said in television interview with MSNBC news on Tuesday.
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