Sputnik International
By Oleg Burunov
June 14, 2022
The US Federal Reserve is currently struggling to tackle the country’s soaring inflation, which started reaching heights not seen for decades in November 2021.
US Deputy Assistant Secretary of State for European and Eurasian Affairs Dereck Hogan has pledged that over “the next four to five months”, the Biden administration will allocate about $1.5 billion monthly for support of the Ukrainian government, in a statement that comes as inflation has shown no sign of easing in America.