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Biden Hails July Inflation Data

WHITE HOUSE

Speaking at the signing of the PACT Act 2022, President Joe Biden hails the latest CPI data, saying that "Today we received news that our economy had zero percent inflation in the month of July. Zero percent." Biden referring to m-o-m figures rather than y-o-y data (see: https://marketnews.com/mni-brief-u-s-cpi-flat-on-m...)

  • Regarding the PACT Act, legislation intended to expand benefits for veterans exposed to military burn-pits, Biden states "I don’t want to hear the press tell me Democrats and Republicans can’t work together."

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