Cooling inflation is no thanks to President Joe Biden, Republican presidential candidate Chris Christie told CNBC.
The Federal Reserve"may have waited too long to do what they were doing on rates, and therefore had to raise them much more quickly," Christie said. Biden and former President Donald Trump both deserve the lion's share of the blame for inflation due to their profligate spending, the former New Jersey governor argued.
Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over the past year — but that's no thanks to President"Inflation has started to retreat, I think almost exclusively because of [U.S. Federal Reserve] policy," Christie, the former governor of New Jersey, said Tuesday on CNBC's"
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