Overview
- The Bureau of Labor Statistics reported December inflation at 2.7% year over year, with core inflation at 2.6%.
- CNN’s Jan. 13 X post said inflation “remained at 2.7%… underscoring persistent cost of living challenges,” contrasting with a March 14, 2023 post that said “inflation is still high, but it’s falling” at 6%.
- Both posts linked to CNN Business pieces by Alicia Wallace, whose 2023 headline highlighted eight straight months of declines and whose 2026 headline said high prices continue to weigh on many Americans.
- Daily Wire editor Cabot Phillips’ comparison went viral and drew criticism from figures including Karoline Leavitt and Kari Lake; the outlets reported CNN did not immediately respond.
- Harvard economist Kenneth Rogoff previously described a 2.7% reading as positive news, while Newsbusters criticized CNN for omitting selected price drops such as eggs.