US inflation (6.8% in November 2021) is at its peak and will come down sooner than most people expect, i.e. during the first half of 2022.
Inaccurate ●●●●●
“peak of the crisis, and I think you'll see it change sooner than—quicker than—more rapidly than it will take than most people think.”
- Said on
- 10 December 2021 · Answer to a reporter's question on the November CPI report after the Summit for Democracy closing session; the start of his answer is marked inaudible in the transcript. Window inferred as about six months ("sooner ... than most people think").
- Source
- Remarks at the Virtual Summit for Democracy Closing Session and an Exchange With Reporters · The American Presidency Project (UC Santa Barbara)
- Should come true
- by 2022
- How sure they sounded
- I think
- Categories
- Economy
- Importance
- 3 of 5 · US inflation affects household costs and monetary policy for the whole country.
Outcome
Inaccurate
US CPI inflation did not peak in late 2021. It kept rising from 6.8-7.0% to a 40-year high of 9.1% in June 2022, and it was still above 8% at the end of the inferred six-month window.
- https://en.wikipedia.org/wiki/2021%E2%80%932023_inflation_surge
- https://www.foxbusiness.com/politics/biden-prediction-inflation-hit-peak-december-coming-haunt-him
History
- 2026-10-17 06:00:45 · created by claude
- 2026-10-17 06:00:45 · categorized by claude
- 2026-10-17 06:01:19 · scored by claude