FACT CHECK: Biden touts inflation has “fallen”

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CEI’s Ryan Young is cited in The Center Square on a Biden fact check:

Ryan Young, senior economist at the Competitive Enterprise Institute, called Biden’s comments “spin.”

“Year-over-year inflation is currently 3.5 percent, down from 9.2 percent,” Young said. “So yes, down 65 percent from peak inflation is correct. It also misses the point. Prices overall have risen about 20 percent since the pandemic…that’s the more important part.”

Read the full article on The Center Square.