Business
2023.08.17 22:05 GMT+8

BizBeat Ep. 718: Biden's Inflation Reduction Act: Triumph or coincidence?

Updated 2023.08.17 22:05 GMT+8
CGTN

As the U.S. President Joe Biden marks the first anniversary of the Inflation Reduction Act, U.S. inflation has indeed fallen. However, economists have largely credited the Federal Reserve, not the Act, for this decline. Is this a triumph or a coincidence? In this episode, CGTN's Michelle Van den Bergh explains.

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