Biden Takes Credit for Inflation 'Coming Down'

The video discusses the recent decline in inflation rates in the U.S., highlighting a drop from 9.1% in the summer to 6.5% over the last 12 months. Gas prices have significantly decreased, contributing to this trend and providing financial relief to families. Food inflation is also slowing, with the avian flu impacting egg prices. Core inflation, excluding energy and food, has decreased to 3% annually. As inflation falls, workers' wages have increased, especially for lower and middle-income groups, indicating the success of the current economic plan.

What was the inflation rate over the last three months on an annualized basis?

• 11%

• 6.5%

• 9.1%

• 1.8%

How much has gas prices decreased from its peak, according to the administration?

• $1.00

• $1.70

• $2.00

• $2.50

What was a significant factor contributing to the recent increase in food prices?

• Drought

• Increased demand

• Avian flu outbreak

• Supply chain disruptions

What is the current annualized rate of core inflation?

• 3%

• 6%

• 9%

• 11%

How have workers' wages changed in recent months?

• Increased only for high-income workers

• Decreased significantly

• Remained the same

• Increased, especially for lower and middle income workers