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President Biden To Deliver Remarks On Economy Following US CPI Print

US

US President Joe Biden is shortly due to deliver remarks from the White House on "the economy and our efforts to tackle inflation," following today's US CPI print which saw inflation ease to 6.5%, in line with expectation.

  • Livestream: https://www.whitehouse.gov/live/
  • Shortly after the data release, Biden tweeted: "For the sixth month in a row, yearly inflation is down. It might be rising in economies around the world, but it's coming down here. And gas prices, food, and more are following. That adds up to a break for families and proof that my plan is working."
  • Biden's Chief of Staff Ron Klain tweeted: "ECON NEWS TODAY: Headline, core inflation DOWN Jobless claims remain LOW Food inflation LOWEST in 2 years Real wages UP CPI last quarter BELOW 2%"

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