Jean-Pierre Is Not Concerned Inflation Might Be Back on the Rise

EXCERPT:

JEAN-PIERRE: “So, look, I’m going to say that this is a president that is doing everything that we can to fight inflation, right, to build an economy from the bottom up and middle out. And we’ve been pretty consistent about that. And over what we have seen over the past several months is that inflation is down two thirds, and core inflation is at the lowest since — since May of 2021. That matters. Wages are rising faster than prices over the last year. Since the pandemic, we’ve seen 15 million jobs created because of the policies that this president has put forward. Some really historic, bipartisan even, legislation that’s come into law to help create those millions of jobs. Unemployment is under four percent. Is there more work to be done? Absolutely. We’re going to continue to do everything that we can to lower cost. We’re going to take on, continue to take on Big Pharma, for example, we’re going to continue to lower housing costs, which we know really hurts families.”