President Joe Biden said there are signs of "progress" in Wednesday's US inflation report, with price rises in some key sectors slowing, even if the overall hike is the steepest in four decades. "Today's report -- which shows a meaningful reduction in headline inflation over last month, with gas prices and food prices falling -- demonstrates that we are making progress," Biden said in a statement.from World News Headlines, Latest International News, World Breaking News - Times of India
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