- “Today’s report shows that we are making progress on bringing inflation down, without giving up all of the progress we have made on economic growth and job creation,” Biden said in a statement from the White House.
- “My economic plan is showing results, and the American people can see that we are facing global economic challenges from a position of strength.”
- The commander-in-chief also dismissed concerns about elevated gas prices, neglecting to mention the spike in energy costs and instead remarking that prices at the pump have fallen $1.20 since their peak in the summer.
