Biden Says Prices Are Still Too High, But Going Down

The video discusses the current economic situation, highlighting a decrease in inflation rates in the U.S. compared to other major economies. It notes the positive impact of falling gas prices on consumers and the economy, as well as a slowdown in food inflation. The video also places these developments in the context of the economic recovery efforts following the pandemic, emphasizing the effectiveness of the current economic strategy.

What is the significance of the report mentioned in the text regarding inflation?

What economic strategy was implemented after taking office?