Free Trial

Biden-I Will Work With Democrats Or GOP To Bring Inflation Down


White House has released a statement from President Joe Biden following today's inflation print.

  • Link:
  • "It will take time to get inflation back to normal levels – and we could see setbacks along the way – but we will keep at it and help families with the cost of living."
  • "I will work with anyone – Democrat or Republican – on ideas to provide more breathing room to middle-class and working families. And I will oppose any effort to undo my agenda or to make inflation worse."
Coming in the aftermath of the midterm elections, the statement takes more cooperative tone towards Republicans. Pre-election statements on inflation, rates etc. utilised highly partisan language. However, now that the control of Congress is in the balance it raises the prospect of Democrats working with moderate Republicans on bipartisan legislation in certain areas.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.