Understanding Joe Biden S Inflation In 10 Minutes Factchecking biden on inflation, other claims. Anna rascouët paz. inflation was at 9% when u.s. president joe biden took office in january 2021. inflation was 1.4% when biden took office. it reached 9.1% nearly a year and a half into his.
Biden Claims 40 Year High Inflation Will Rise If Republicans Win Fox Fact check: biden again falsely claims inflation was 9%. President joe biden speaks on the economy tuesday, march 19, 2024, in las vegas. biden has falsely claimed twice in the past week that inflation was at 9% at the start of his administration. (ap photo lucas peltier) claim: inflation was at 9% when president joe biden took the oath of office in january 2021. ap’s assessment: false. The u.s. has lower inflation than most advanced industrialized nations, but it does not rank no. 1 internationally. biden is correct that year over year inflation has dropped from 9% in summer. Looking at the duration of joe biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since january 2021 while wages have risen 16.1%.
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