In a press conference held at the White House alongside Japanese Prime Minister Fumio Kishida on April 10, United States President Joe Biden addressed concerns about inflation, highlighting his administration’s strategy to tackle rising prices.

The president’s remarks came in response to questions posed by journalists regarding recent data showing a surge in gas prices, mortgages, and rent, which contributed to inflation surpassing expectations in March.

During the press briefing, a reporter referenced Biden’s earlier prediction that the Federal Reserve would lower interest rates due to declining inflation. However, recent trends have indicated the opposite outcome, with inflation rates continuing to rise.

Biden acknowledged the challenge posed by inflation and asserted that his party has a plan in place to address the issue effectively. The White House has not provided specific details about the plan to combat inflation.