Clyburn Claims Inflation Under Control, Contradicted by New Data Showing Prices Continue to Rise

Democratic Rep. Jim Clyburn claimed on MSNBC that inflation was under control, but was interrupted by news that prices rose 3.5% in March.

The consumer price index showed inflation remains high, exceeding economist expectations of 3.4%.

Prices have increased every month since April 2021, continuously outpacing wage growth under Biden.

Clyburn praised Biden's policies but did not specify which ones have curbed inflation, which has not fallen on a yearly basis under Biden.

Biden claimed the CPI report shows inflation has fallen 60% from its peak, but the Fed has hiked rates to a 22-year high to fight persisting inflation.