President Joe Biden on Thursday trumpeted the latest inflation report in the opening remarks of his highly anticipated solo press conference in Washington. "Just this morning, we had a great economic report showing inflation is down," he said. "Overall, prices fell last month. Core inflation is the lowest it's been in three years." The consumer price index dropped 0.1% in June from May, the U.S. Department of Labor reported Thursday morning. It is the first time the monthly inflation rate has declined in more than four years. "Prices are falling for cars, appliances and airfare. Grocery prices have fallen since the start of the year," the president said. "We