President Biden has been criticized by usually friendly media outlets after he celebrated a slight reduction in inflation Tuesday and claimed his Inflation Reduction Act will move prices down further in a major White Hose speech.While the yearly pace of inflation dipped slightly to 8.3 percent in August, the core , which is a better measure of long-term trends, showed a larger-than-expected increase to 6.3 percent. 'We're making progress,' Biden said in his speech on the South Lawn of the .
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