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A major American energy lobby has taken aim at a presidential tweet that called on gas stations to cut prices at the pump, with the U.S. Oil & Gas Association telling President Joe Biden that they're "working on it" and that the author of the tweet should go back to school to learn basic economic fundamentals.
Just one week after the Federal Reserve raised interest rates by three-quarters of a percentage point, Chair Jerome Powell said that the Fed was strongly committed to bringing inflation down and.