Bloomberg Law
Sept. 18, 2022, 11:30 PM

Biden Says ‘Pandemic Is Over’ and Inflation Will Be Controlled

Alex Wayne
Alex Wayne
Bloomberg News

President Joe Biden declared the Covid-19 pandemic “over” and said Americans would gain “control” of inflation, outlining a rosy view for the US economy in an interview less than two months before crucial midterm elections.

Biden said in the interview with CBS’s “60 Minutes” for broadcast on Sunday that he hopes the economy can achieve a so-called “soft landing” as the Federal Reserve raises interest rates to cool price increases.

“I’m telling the American people that we’re gonna get control of inflation,” Biden said when asked whether inflation measured by the consumer price index would continue to decline. The CPI ...