White House. Inflation Returns to 2.4%: National Economic Advisor Highlights Economic Recovery
In a statement from National Economic Advisor Lael Brainard, the latest Consumer Price Index report shows inflation has fallen back to 2.4%, the same level as before the pandemic. Under the Biden-Harris Administration, the economy has experienced steady growth, with 16 million jobs created and incomes rising by $4,000 after adjusting for inflation. Brainard emphasized…