In news conference, Biden calls on Fed to fight inflation

By ZEKE MILLER
Associated Press

WASHINGTON (AP) — At a Wednesday news conference marking his first year in office, President Joe Biden has called on the Federal Reserve to do more to fight inflation by pulling back on its monetary boosting of the U.S. economy. With inflation at nearly a 40-year high, public support for Biden and his administration has tumbled — even though economic growth and hiring has surged.