The cost of living is still too high for too many working families, but today’s PCE report shows continued progress bringing down inflation. Annual core inflation is at its lowest level since March 2021, and overall inflation is down 60 percent from its peak. President Biden is going to keep fighting to lower costs, while congressional Republicans fight to cut taxes for the ultra-wealthy and big corporations.

###

Stay Connected

Sign Up

We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better.

Opt in to send and receive text messages from President Biden.

Scroll to Top Scroll to Top
Top