24
Feb
Today’s report shows we have made progress on inflation, but we have more work to do. Annual inflation in January is down from the summer, while the unemployment rate has remained at or near a 50-year low and take-home pay has gone up. We’ve also continued to make progress since the data in this report, with gas prices down again – now more than $1.60 since last summer’s peak after Putin’s unconscionable invasion. As I’ve long said, there may be setbacks along the way, but we face global economic challenges from a position of strength. And I will not allow…
