President Joe Biden is set to meet with Federal Reserve Chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks. The meeting Tuesday will be the first since Biden renominated Powell to lead the central bank and comes weeks after his confirmation for a second term by the Senate. The White House said the pair would discuss the state of the U.S. and global economy and especially inflation. “The most important thing we can do now to transition from rapid recovery to stable, steady growth is to … Continue reading Biden to meet Fed chair as inflation bites pocketbooks