Biden says he’s helped lower inflation as he hosts first meeting of his new supply chain council

By JOSH BOAK
Associated Press

WASHINGTON (AP) — President Joe Biden has opened the first meeting of his supply chain resilience council by warning companies against price gouging and saying that his administration is working to lower costs for U.S. families. Biden says “prices are still too high for too many things,” but says there has been “progress.” The president used Monday’s event to announce 30 actions to improve access to medicine and economic data as well as other programs tied to the production and shipment of goods. Consumer price growth has eased from last year’s peaks. But polling shows that inflation remains a political challenge for Biden going into the 2024 presidential election.