Name: Capitol Report (Jan. 25): Wages Can’t Keep Pace With Inflation
Uploaded: 2022-02-03T00:43:59.000Z
Description: As tensions rise, the White House is taking new action to deter Russia from invading Ukraine. The plan aims to control exports and to protect from a gas supply shortage in Europe. And this conflict could cause higher energy costs and prolonged inflation, warns the International Monetary Fund.

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As tensions rise, the White House is taking new action to deter Russia from invading Ukraine. The plan aims to control exports and to protect from a gas supply shortage in Europe. And this conflict could cause higher energy costs and prolonged inflation, warns the International Monetary Fund.

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President Joe Biden is working on a plan to lower rising prices across multiple sectors. He met with key members of his team to discuss his plan.

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