Biden Touts Lower-Than-Expected Inflation Numbers, Says It Proves Policies Are Working

Started by Epoch-Times-Bot, Dec 14, 2022, 06:30 AM

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Epoch-Times-Bot

Dec 14, 2022, 06:30 AM
Biden Touts Lower-Than-Expected Inflation Numbers, Says It Proves Policies Are Working

President Joe Biden says that U.S. inflation rates are falling and that prices would return to normal at the end of next year.
Inflation has been skyrocketing since mid-2021, which experts attribute to trillions of dollars in government stimulus spending, a supply chain crisis, and an imbalance in demand caused by COVID-19 lockdowns, Moscow’s invasion of Ukraine, and higher energy prices.
U.S. consumer prices rose less than expected in November, for the second time in a row, with the smallest annual increase in inflation in nearly a year, according to the U.S. Bureau of Labor Statistic’s Consumer Price Index (CPI) on Dec. 13....

Source: Biden Touts Lower-Than-Expected Inflation Numbers, Says It Proves Policies Are Working

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