Kevin Hern: “Inflation was 1.4%, interest rates, the Fed rate was near…”

“You know, the American people are hurting badly when we see what's happened over the last four years under Joe Biden. When he took office in January 21, Inflation was 1.4%, interest rates, the Fed rate was near zero [when Joe Biden took office in January 2021]. And since then, we've seen grocery prices rise by some 30%, home prices by 40%, mortgage rates go from 3% to almost 7%. It's almost impossible to live in this country.” (01:01–01:09)

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.