General Category > Editorial/Opinion/Blogs

No, inflation wasn’t 9% when Biden took office

(1/1)

rangerrebew:
 
No, inflation wasn’t 9% when Biden took office
© Provided by VERIFY

On May 8, President Joe Biden claimed the inflation rate was at 9% when he took office in January 2021 during an interview with CNN’s Erin Burnett.

“No president has had the run we’ve had in terms of creating jobs and bringing down inflation. It was 9% when I came into office, 9%,” Biden said.
 
The president cited the same statistic during an interview with Yahoo Finance on May 14.

“I think inflation has gone slightly up,” he said. “It was at 9% when I came in and it’s now down around 3%.”

Multiple VERIFY readers, including Laura, want to know if the inflation rate was actually 9% when Biden assumed the presidency in 2021.

https://www.msn.com/en-us/money/markets/no-inflation-wasn-t-9-when-biden-took-office/ar-BB1mwyCn?ocid=msedgntp&pc=HCTS&cvid=6739973f982149d883c49c79781b4c1e&ei=54

Navigation

[0] Message Index