Fact Check: Joe Biden Claims Inflation Trending Down

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CLAIM: President Joe Biden said during his State of the Union address that the record inflation that has crippled the nation during his tenure has been trending down.

VERDICT: Misleading. While it’s true that inflation has fallen from nine percent to 3.1 percent, it has been trending upward for the past three months. The monthly pace of inflation began to rise in November and has increased in each subsequent month, according to the Department of Labor’s consumer price index.”keeps coming down’ . ‘Bidenomics’ is a FAILURE!” the RNC posted on X.

Biden brags "wages keep going up" and "inflation keeps coming down" .Biden brags "wages keep going up" and "inflation keeps coming down" .Watch: Biden Mispronounces Laken Riley's Name in State of the UnionDonald Trump's Choices Installed by RNC into Leadership Positions‘Follow the Money’: D.C.

Schumer: Reversing Trump Border Policies Didn’t Cause Problem, Dems Moved and GOP Said Let ‘So-Called Crisis Fester’VP Harris Won’t Say Whether She, Biden Will Participate in Debates‘I Have Been Removed ’: Trans Golfer Hailey Davidson Responds to Women’s Pro Tour‘Biden Needs to Do His Job’: Montana Attorney General Says Fentanyl Seizures Spiked 20,000 Percent

 

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