Salem Radio Network News Thursday, October 6, 2022

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White House encouraged by recent economic data

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The White House is encouraged by some recent economic numbers. One of the president’s chief economic advisers is putting a spotlight on new economic data. Cecilia Rouse points to no change in inflation from June to July, lower producer prices, and the average national price for a gallon of gasoline dropping below 4-dollars. She says while these numbers are “encouraging, we have more work to do to bring inflation down.” As President Biden noted this week, the American people are still “hurting.”

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