Biden: US Inflation Has Likely Peaked
President Joe Biden said on Friday that inflation has likely peaked in the United States and is likely to come down faster than most people expect.
President Joe Biden said on Friday that inflation has likely peaked in the United States and is likely to come down faster than most people expect.
During Friday’s “Squawk on the Street” on CNBC, National Economic Council Director Larry Kudlow discussed the November jobs report, saying it may not have “peaked” just yet. “I don’t know if it’s peaked,” Kudlow stated. “I…