The President of the United States, Joe Biden, says the cooling inflation numbers are a sign of economic strength in America, and his administration is making progress on its efforts to bring costs down.
Eko Hot Blog reports that Biden says in a statement, “My economic plan is showing results.”
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He says that with inflation slightly dropping, Americans are getting a “much-needed” break at the grocery store ahead of the Thanksgiving and Christmas holidays.
He also touts legislation his administration recently passed, which will soon bring down prescription drug prices and energy costs.
Looking ahead from the US midterm elections, Biden says he “will work with anyone – Democrat or Republican – on ideas to provide more breathing room to middle-class and working families”.
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“We are on the right path and we need to keep moving forward,” he says.
SOURCE: BBC
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