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Biden says 'price increases still too high'

Wednesday, January 12, 2022
Biden says 'price increases still too high' © Reuters. FILE PHOTO: U.S. President Joe Biden looks on as he delivers remarks on the October jobs report at the White House in Washington, D.C., U.S., November 5, 2021. REUTERS/Evelyn Hockstein

(Reuters) - U.S. President Joe Biden admitted on Wednesday that his administration still had "more work to do with price increases still too high" even as he stated that there was progress made in slowing the rate of price increases.

His statement was released by the White House after U.S. consumer prices increased solidly in December, culminating in the largest annual rise in inflation in nearly four decades.

"We are making progress in slowing the rate of price increases. At the same time, this report underscores that we still have more work to do, with price increases still too high and squeezing family budgets", Biden said.

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17-01-2022 20:48:33 (UTC+7)

EUR/USD

1.1419

+0.0012 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

EUR/USD

1.1419

+0.0012 (+0.11%)

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↑ Buy

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Buy (8)

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Indicators:

Buy (9)

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GBP/USD

1.3658

+0.0014 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Indicators:

Buy (6)

Sell (1)

USD/JPY

114.50

-0.10 (-0.09%)

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AUD/USD

0.7225

+0.0015 (+0.21%)

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Moving Avg:

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USD/CAD

1.2494

-0.0024 (-0.20%)

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EUR/JPY

130.75

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EUR/CHF

1.0430

+0.0006 (+0.05%)

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Gold Futures

1,821.45

+4.95 (+0.27%)

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Silver Futures

23.117

+0.077 (+0.33%)

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Copper Futures

4.4395

+0.0065 (+0.15%)

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Crude Oil WTI Futures

83.91

+0.13 (+0.16%)

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Brent Oil Futures

86.74

+0.18 (+0.21%)

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Natural Gas Futures

4.259

+0.005 (+0.12%)

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Indicators:

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US Coffee C Futures

239.65

+2.65 (+1.12%)

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Euro Stoxx 50

4,302.14

+29.95 (+0.70%)

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Indicators:

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S&P 500

4,662.85

+3.82 (+0.08%)

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DAX

15,933.72

+50.48 (+0.32%)

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FTSE 100

7,611.23

+68.28 (+0.91%)

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Buy (5)

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Hang Seng

24,349.62

+131.59 (+0.54%)

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US Small Cap 2000

2,161.55

+0.07 (+0.00%)

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IBEX 35

8,838.70

+32.10 (+0.36%)

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BASF SE NA O.N.

68.140

+0.030 (+0.04%)

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Bayer AG NA

52.82

+0.23 (+0.44%)

Summary

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Allianz SE VNA O.N.

227.05

+0.05 (+0.02%)

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Adidas AG

252.65

+0.30 (+0.12%)

Summary

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Buy (10)

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Deutsche Lufthansa AG

7.241

0.000 (0.00%)

Summary

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Siemens AG Class N

146.00

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Summary

Neutral

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Deutsche Bank AG

12.018

+0.064 (+0.54%)

Summary

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Buy (10)

Sell (1)

 EUR/USD1.1419↑ Buy
 GBP/USD1.3658↑ Buy
 USD/JPY114.50↑ Sell
 AUD/USD0.7225↑ Buy
 USD/CAD1.2494↑ Sell
 EUR/JPY130.75↑ Sell
 EUR/CHF1.0430↑ Buy
 Gold1,821.45↑ Buy
 Silver23.117↑ Buy
 Copper4.4395↑ Buy
 Crude Oil WTI83.91↑ Buy
 Brent Oil86.74↑ Buy
 Natural Gas4.259↑ Sell
 US Coffee C239.65↑ Buy
 Euro Stoxx 504,302.14↑ Sell
 S&P 5004,662.85↑ Buy
 DAX15,933.72↑ Sell
 FTSE 1007,611.23↑ Buy
 Hang Seng24,349.62↑ Buy
 Small Cap 20002,161.55↑ Buy
 IBEX 358,838.70↑ Sell
 BASF68.140Neutral
 Bayer52.82↑ Buy
 Allianz227.05↑ Buy
 Adidas252.65↑ Buy
 Lufthansa7.241↑ Sell
 Siemens AG146.00Neutral
 Deutsche Bank AG12.018↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,120/ 6,160
(0/ 0) # 1,144
SJC HCM6,110/ 6,170
(0/ 0) # 1,152
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,154
SJC Danang6,110/ 6,172
(0/ 0) # 1,154
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,154
SJC Cantho6,110/ 6,172
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KRW16,5320,15
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