Economists Challenge GOP Claims on Biden's Role in Inflation

Republican National Convention speakers blame President Biden for high prices, but experts cite pandemic and global factors.

GOP leaders at the RNC have criticized Biden's policies for contributing to inflation.
Economists argue that the pandemic and the Russia-Ukraine war are primary drivers of rising prices.
Some experts acknowledge that Biden's stimulus measures had a minor impact on inflation.
Inflation rates have decreased significantly from their peak but remain above the Federal Reserve's target.
Global inflation trends show that the U.S. is not alone in facing high inflation rates.