Biden avoided answering the question about those responsible for inflation in the United States

It is reported by RIA Novosti with reference to the broadcast of CNBC.

“We are in power, this is the first.

And you are absolutely right: we control all three branches of government,” he said.

Subsequently, the US President moved on to a long explanation of the causes of inflation and the current economic situation in the country.

The journalist repeated his question again, but did not receive a clear answer.

The American leader called COVID-19 and “the actions of Russian President Vladimir Putin” the key causes of inflation.

On May 4, the United States Federal Reserve raised its base rate to 0.75-1%.

In March, inflation in the United States was 8.5% for the first time in 40 years.