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Biden Sees Progress in Supply Crisis Amid Faster Inflation

  • Inflation is a ‘natural byproduct’ of recovery, he says
  • President touts administration’s work on port congestion
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Biden: Rising Inflation Is Natural Byproduct of Recovery
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President Joe Biden said his administration’s work has begun to alleviate supply-chain disruptions and that higher inflation is a “natural byproduct” of the global economy’s recovery from the pandemic.

The president, who’s been assailed by his political opponents over rising prices, again sought to reassure Americans that store shelves will be full for the holiday season and persuade them that his policies would build on the economy’s strong rebound.