Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries President Biden turns heads with Instagram post bragging about inflation falling from its 'peak' By: FOXNews.com April 13, 2023 at 14:37 PM EDT President Biden turned heads on Wednesday after he made an Instagram post bragging about inflation falling from its summer "peak" by 45 percent under his administration. President Biden turned heads on Wednesday with an Instagram post bragging about inflation falling 45 percent from its summer "peak" under his leadership.The president posted a graphic to his official Instagram page on Wednesday, promoting the 45 percent fall in inflation that has been rampant under his watch since its peak last summer."Good news," the graphic of Biden in aviator sunglasses reads. "Inflation has fallen by 45% since its summer peak under President Biden."EX-OBAMA STAFFER BLOWS WHISTLE ON BIDEN ‘KICKBACK SCHEME’ AFTER HUNTER JOINED BURISMA: ‘MALFEASANCE IN OFFICE’Users online were quick to jump on the president’s post, with financial account Litquidity quipping, "lmao" — meaning "laughing my a-- off."The account Adam Neumanns Chief of Staff said it was inflation "growth rate" that dropped 45 percent."My guy wants the Medal of Honor for putting a bandaid on a gunshot wound," they wrote.Special Situations Research Newsletter joked that Biden’s sunglasses "are to shield his eyes from the inflation."Inflation fell to five percent in March, but core prices remained high.The U.S. Department of Labor said Wednesday that the Consumer Price Index, a broad measure of the price for everyday costs including gasoline, groceries and rents, rose 0.1% in March from the previous month, down from 0.4% in February. Prices climbed 5% on an annual basis, down sharply from February's 6% increase and the smallest rise in nearly two years.Those figures were both lower than forecasts by Refinitiv economists.Still, inflation remains about three times higher than the pre-pandemic average, underscoring the persistent financial burden placed on millions of U.S. households by high prices. Fox News Digital's Megan Henney contributed reporting. Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
President Biden turns heads with Instagram post bragging about inflation falling from its 'peak' By: FOXNews.com April 13, 2023 at 14:37 PM EDT President Biden turned heads on Wednesday after he made an Instagram post bragging about inflation falling from its summer "peak" by 45 percent under his administration. President Biden turned heads on Wednesday with an Instagram post bragging about inflation falling 45 percent from its summer "peak" under his leadership.The president posted a graphic to his official Instagram page on Wednesday, promoting the 45 percent fall in inflation that has been rampant under his watch since its peak last summer."Good news," the graphic of Biden in aviator sunglasses reads. "Inflation has fallen by 45% since its summer peak under President Biden."EX-OBAMA STAFFER BLOWS WHISTLE ON BIDEN ‘KICKBACK SCHEME’ AFTER HUNTER JOINED BURISMA: ‘MALFEASANCE IN OFFICE’Users online were quick to jump on the president’s post, with financial account Litquidity quipping, "lmao" — meaning "laughing my a-- off."The account Adam Neumanns Chief of Staff said it was inflation "growth rate" that dropped 45 percent."My guy wants the Medal of Honor for putting a bandaid on a gunshot wound," they wrote.Special Situations Research Newsletter joked that Biden’s sunglasses "are to shield his eyes from the inflation."Inflation fell to five percent in March, but core prices remained high.The U.S. Department of Labor said Wednesday that the Consumer Price Index, a broad measure of the price for everyday costs including gasoline, groceries and rents, rose 0.1% in March from the previous month, down from 0.4% in February. Prices climbed 5% on an annual basis, down sharply from February's 6% increase and the smallest rise in nearly two years.Those figures were both lower than forecasts by Refinitiv economists.Still, inflation remains about three times higher than the pre-pandemic average, underscoring the persistent financial burden placed on millions of U.S. households by high prices. Fox News Digital's Megan Henney contributed reporting. Related Stocks: Fancamp Exploration Ltd