US President Joe BidenWASHINGTON, Mar 10 US President Joe Biden tied a 40-year record U.S. inflation with anti-Russian sanctions.» Today's inflation report reminds Americans of budgets being drained by rising prices, and families are beginning to feel the effects of Putin's price increases. A big contributor to inflation this month was rising gasoline and energy prices as markets reacted to the aggressive actions of (Russian President) Putin,» Biden said in a statement released by the White House press service. Biden said that the costs at home are associated with sanctions against the Russian Federation, but stressed that Russia pays a higher price. According to the US Department of Labor , consumer prices in the country in February rose by 7.9% in annual terms after rising by 7.5% a month earlier, only in February they added 0.8%. The annual figure is still at the records of forty years ago, now it is the highest since January 1982.
