Biden says recession isn't inevitable, US in position to overcome inflation

The president's statement appeared to be about inflation rising worldwide, not necessarily whether countries had higher rates than the US

US President Joe Biden acknowledged that the possibility of Russian President Vladimir Putin launching a full-scale invasion may have seemed far-fetched. (Photo: Bloomberg)

US President Joe Biden. (Photo: Bloomberg)

US President Joe Biden said Thursday the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline

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US in better position than any other nation to deal with inflation: Biden

First Published: Jun 18 2022 | 1:26 AM IST

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