Biden: consumer price data shows progress on curbing inflation
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FILE PHOTO: U.S. President Joe Biden discusses the 2022 U.S. midterm election results during a news conference in the State Dining Room at the White House in Washington, U.S., November 9, 2022. REUTERS/Tom Brenner
WASHINGTON (Reuters) - U.S. President Joe Biden on Thursday said the latest consumer price index report shows a much-needed break in inflation ahead of the holidays, although more work was needed to further curb inflation.
"I will work with anyone – Democrat or Republican – on ideas to provide more breathing room to middle-class and working families," Biden said in a statement after the Labor Department reported that U.S consumer prices increased 0.4% in October, less than expected.
(Reporting By Paul Grant; editing by Susan Heavey)
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