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Biden Says ‘Pandemic Is Over’ and Inflation Will Be Controlled

  • President outlines rosy view of US economy ahead of midterms
  • Biden says he’s hopeful for ‘soft landing’ as Fed raises rates

President Joe Biden declared the Covid-19 pandemic “over” and said Americans would gain “control” of inflation, outlining a rosy view for the US economy in an interview less than two months before crucial midterm elections.

Biden said in the interview with CBS’s “60 Minutes” for broadcast on Sunday that he hopes the economy can achieve a so-called “soft landing” as the Federal Reserve raises interest rates to cool price increases.