President Biden turns heads with Instagram post bragging about inflation falling from its 'peak'

President Biden turned heads on Wednesday after he made an Instagram post bragging about inflation falling from its summer 'peak' by 45 percent under his administration.

The U.S. Department of Labor said Wednesday that the Consumer Price Index, a broad measure of the price for everyday costs including gasoline, groceries and rents, rose 0.1% in March from the previous month, down from 0.4% in February. Prices climbed 5% on an annual basis, down sharply from February's 6% increase and the smallest rise in nearly two years.

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