White House celebrates falling inflation while GOP points to negative real wages

By Haisten Willis

Published May 10, 2023 3:14pm ET

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White House celebrates falling inflation while GOP points to negative real wages — The White House celebrated falling inflation even as real wages remain in negative territory. Inflation fell slightly to 4.9% for the month ending in April, a welcome sign that the Federal Reserve’s efforts to tame price growth are working. However, the figure is still far above the Fed’s 2% target. TRANSPARENCY RESTORED TO THE WHITE […]

The White House celebrated falling inflation even as real wages remain in negative territory.

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