White House News Statement From President Joe Biden On May Consumer Price Index The White House
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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
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%. Read More
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