Inflation is a key US election issue
While inflation may be cooling overall, the memory of it remains painful for US voters
THE US economy is doing well, yet voters aren’t impressed by President Joe Biden. Some 58 per cent of Americans disapproved of the president as at Feb 28, according to a polling tracker by Reuters and Ipsos.
This negativity towards Biden may boil down to inflation, which will be a key issue to watch in the US election this year.
Americans have plenty to cheer about. The US economy grew 2.5 per cent last year, accelerating from a 1.9-per-cent expansion the year before.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Passing on values comes into focus as Asean’s family businesses hand over the reins