Aug. 15, 2024 . MRC Latino

 

SELINA WANG: Tonight, promising news on the economy. The inflation rate cooling, falling below 3% for the first time in three years, since early in President Biden's presidency. Consumer prices rising 2.9% in July compared to a year ago. The cost of used cars and trucks, medical care, and airfare down. And Americans may finally get some relief at the grocery checkout. Those prices rising by only 1.1% from last year. The president saying it's proof his policies are working. 

REPORTER: Has the U.S. beat inflation?

JOE BIDEN: Yes, yes, yes. I told you we were going to have a soft landing, and we're going to have a soft landing. My policies are working. Start writing that way, okay? 

 

 

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