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    Confidence drops in Biden's ability to rescue pandemic-hit economy: poll

    (Xinhua) 10:49, October 29, 2021

    WASHINGTON, Oct. 28 (Xinhua) -- Americans' confidence in President Joe Biden's ability to rescue the country's pandemic-hit economy has dwindled, a recent poll released on Tuesady has suggested.

    The Axios-Ipsos poll, conducted on Oct. 22-25, found that 44 percent of respondents said they trust the administration's capacity to ensure a speedy economy recovery from COVID-19, down 8 percent from January.

    Official data shows inflation surged 5.4 percent from September 2020 to September 2021, leading to price hikes on goods and services.

    The dip in confidence signals a long way to go for the Biden administration to rescue an economy battered by supply chain bottlenecks, high levels of unemployment, and spiking inflation, according to analysts. 

    (Web editor: Zhong Wenxing, Liang Jun)

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