Biden: ‘If We Don’t Pass Build Back Better,’ We Should Prepare for Rate Hikes, Potential Pain

Posted on December 23, 2021
Biden: ‘If We Don’t Pass Build Back Better,’ We Should Prepare for Rate Hikes, Potential Pain

US President Joe Biden speaks during a meeting with the Supply Chain Disruptions Task Force and private sector CEOs, in the South Auditorium of the White House in Washington, DC, on December 22, 2021. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

Biden stated that Americans should be prepared for economic pain from Federal Reserve interest rate hikes before things improve, “If we don’t pass Build Back Better,” but if we do, it will reduce inflation.

Image used with permission of Getty Images / Brendan Smialowski / AFP