WASHINGTON: President Joe Biden on Monday sought to tamp down concern about spiraling prices that threaten to dent the US economic recovery, saying the current inflation rise is “temporary” and not a long-term problem.He also said one of the best ways to keep the American economy on track was for Congress to greenlight additional federal spending in the form of a major bipartisan infrastructure package, which faces a looming deadline this week in the US Senate.The president made the case that his administration’s vaccination push and his sweeping domestic agenda, which includes the injection of trillions of dollars into the economy, will “take the pressure off of inflation” rather than incre
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