Inflation is finally down, but don’t pop the champagne just yet  ...Middle East

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Inflation is finally down, but don’t pop the champagne just yet 
President Biden is cheering the latest CPI report showing that prices overall declined slightly in June from the prior month. In a statement, the president boasted, “Today’s report shows that we are making significant progress fighting inflation.” It was good news for the beleaguered White House, and for Democrats wanting to talk about something — anything — other than their diminished standard-bearer.   Left-leaning media allies joined the exuberant chorus, happy to pump up Bidenomics, if not Biden. The Washington Post’s Heather Long led the charge, giddily posting on X: “Inflation actually DECLINED -0.1 percent in June. That's the first decrease since the pandemic month of May 2020.

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