In 12 months, my administration has driven down core inflation down to the lowest level in more than five years. And in the last three months, inflation was less than 1.7%. Under our policies, prices for chicken, eggs, cheese, butter, potatoes and fresh fruit are lower today by a lot than when I took office. Hotel rates, automobile prices and rent payments are way down as well, as a result of my direction to purchase $200 billion in mortgage bonds. A risky move, perhaps, but not for me. (1:23:14–1:23:24)
CLAIM
Asserts that prices for certain food items are significantly lower than when he took office.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
