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Month: July 2022

Biden and Harris speak with Brittney Griner’s wife

CNN By Betsy Klein and Jennifer Hansler, CNN President Joe Biden and Vice President Kamala Harris spoke by phone Wednesday with Cherelle Griner, the wife of WNBA star Brittney Griner, who is detained in a Russian prison, according to the White House. Biden has also written a letter in response to Brittney Griner’s handwritten letter,

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Fed: Sharply higher rates may be needed to quell inflation

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and they signaled that much higher interest rates could be needed to restrain it. The policymakers also acknowledged, in minutes from their June 14-15 meeting released Wednesday, that their

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Fed: Sharply higher rates may be needed to quell inflation

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and they signaled that much higher interest rates could be needed to restrain it. The policymakers also acknowledged, in minutes from their June 14-15 meeting released Wednesday, that their

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