White House News Statement By President Biden On Pce Inflation Data The White House

Why the White House says inflation is 2.5% and why it feels higher

Inflation in the United States is now at the center of a political and pocketbook tug-of-war. The White House says prices are rising at roughly 2.5%, a figure officials present as proof that the worst ... Read More

Analysis: How the White House is using misleading comparisons to make inflation sound better

The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%. The year-over-year inflation rate in September, the most recent month for which ... Read More

Leavitt accuses CNN reporter of trying to 'push narratives' during heated White House exchange

White House press secretary Karoline Leavitt clashed with reporters over inflation during Thursday's briefing, accusing CNN's Kaitlan Collins of trying to "push narratives." Collins pressed Leavitt to ... Read More

Fact-check: President Trump’s speech on inflation, wages, military dividend

In a prime-time White House address, President Donald Trump told the nation that his 11 months in office have brought historic improvements to American lives after years of what he described as ... Read More

Why the White House says inflation is 2.5%—and why it’s actually higher

The issue is that by official standard calculations, inflation is nowhere near 2.5%. The BLS calculates the change in the consumer price index compared with one year earlier. In this case, inflation ... Read More