Andy Field - ABC News - May 31, 2022 - KRDO’s Afternoon News

President Biden is set to meet with Federal Reserve Chair Jerome Powell this afternoon to discuss rising inflation rates and the general state of the global economy. The meeting comes as Biden faces low approval ratings and sky-high inflation. The White House plans to spend June “making a concerted effort to communicate on our accomplishments to date on the economy” and how they plan to tackle inflation, according to a White House official. The first step in that strategy was an op-ed from the president himself in this morning’s Wall Street Journal, in which Biden laid much of the responsibility for the current inflation crisis at the feet of the Fed.