Biden Says Inflation Rose ‘Hardly at All’ as Americans Grapple With Soaring Prices

Biden Says Inflation Rose ‘Hardly at All’ as Americans Grapple With Soaring Prices
President Joe Biden delivers remarks in Washington, on Sept. 7, 2022. Kevin Dietsch/Getty Images
Tom Ozimek
Updated:
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President Joe Biden downplayed the cost-of-living crisis that’s squeezing American households, arguing in a recent interview on CBS’s “60 Minutes” that inflation over the past several months “hasn’t spiked” and that the monthly rate of inflation was negligible.

Biden made the remarks in response to a question about soaring inflation posed by CBS’s Scott Pelley, who noted that the most recent Consumer Price Index (CPI) came in at an annual 8.3 percent and that Americans are “shocked by their grocery bills.”
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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