Inflation at the grocery stores, thank God, is beginning to slow. Prices for things like clothes, televisions and appliances are going down. That's good news for the holiday season.

While gasoline prices had returned to their pre-war levels, having dropped $1.50 per gallon from their peak this summer and continuing to fall.

While these prices are lower, they're not low enough.

It's going to take time to get inflation back to normal levels, We're laser-focused on this.

Prices could spike again if unions reject a potential contract deal with U.S. railways, the White House has warned, but Biden did not raise the issue during his remarks.