President Joe Biden tried to downplay skyrocketing inflation on Sunday, insisting it was only up “just an inch” in the short term.
Biden spoke about inflation during an interview with 60 Minutes aired Sunday, as reporter Scott Pelley reminded him that the annual inflation rate came in at 8.3 percent in August.
“Well, first of all, let’s put this in perspective. Inflation rate month to month was just– just an inch, hardly at all,” Biden replied.
