Inflation Discussion and Administration Response

mixed signals, in terms of what that looks like.

But on the administration, it was pretty good.

Ms. Sanders Inflation is down from where it was.

As measured by the overall CPI,

it has slowed to an average 2.5 percent pace.

This is down from what the President inherited

in 2 — the President inherited 2.9 percent in January.

Today, it's at about 2.5 percent, so we're trending in the right direction,

with more to come.

And I would remind you, when President Trump left office in his first term,

inflation was 1.7 percent, and the previous administration jacked it up to a record-high 9 percent.

So again, in 10 months, the President has clawed us out of this hole.

He's kept it low at 2.5 percent, and we believe that number is going to continue to

decline, especially as energy and oil prices continue to decline as well.

Q It wasn't high under Biden.

They're just saying it's not virtually — HARFANI Well, nobody reported on it being high under Biden.

My predecessor was standing at this podium.

But now you want to ask me a lot of questions about it, which I'm happy to answer.

But I will just add there's a lot more scrutiny on this issue from this press corps than there

was —

Q Because the President is a non-existent.

HARFANI Well, the previous administration said that too.

My predecessor stood up at this podium, and she said inflation doesn't exist.

She said the border was secure,

and people like you just took her at her word.

And those were two utter lies.

Everything I'm telling you is the truth backed by real, factual data,

and you just don't want to report on it because you want to push untrue narratives about the President.