US 'making real progress fighting inflation:' Biden

US President Joe Biden lauded US progress on inflation Friday, after fresh government data pointed to a further slowdown in the Federal Reserve's favored inflation measure.

"Today's report shows we are making real progress fighting inflation," he said in a statement. "The agenda that Vice President Harris and I are fighting for has helped us come back strong from the worst economic crisis since the Great Depression and deliver for working families."

AFP