✅ Yes, the content seems to be true and authentic, as reported by several sources.

These, include:

1. https://www.dallasfed.org/research/economics/2025/0211 - (Trust Score 8/10)

- The article discusses the potential for mildly elevated core PCE inflation in the first quarter of 2025, with predictions ranging from 2.7 percent to 2.8 percent annualized. It also mentions the persistence of first-quarter inflation and its sensitivity to the business cycle.

2. https://www.politifact.com/article/2024/mar/08/fact-checking-joe-biden-on-inflation-the-deficit-a/ - (Trust Score 7/10)

- This article fact-checks Joe Biden's statements on inflation, noting that the U.S. has lower inflation than most advanced industrialized nations but still higher than some. It also discusses the reduction in inflation rates from 9% in summer 2022 to around 3% today.

3. https://www.bls.gov/news.release/cpi.nr0.htm - (Trust Score 8/10)

- The Consumer Price Index (CPI) summary for January 2025 reports a 0.5 percent increase in the all items index on a seasonally adjusted basis, with a 12-month inflation rate of 3.0 percent. The article also provides detailed breakdowns of various indexes, including shelter, energy, and food.