President Joe Biden showcased the positive economic news during his recent solo press conference in Washington, highlighting a decline in inflation as reported by the U.S. Department of Labor. With the consumer price index dropping 0.1% in June, it marks the first decrease in the monthly inflation rate in over four years. Biden emphasized that prices for cars, appliances, airfare, and groceries have all fallen recently and vowed to continue efforts to combat corporate greed to further reduce prices. He also criticized former President Donald Trump's proposed 10% tariff on all U.S. imports, warning that it could cost the average American working family an additional $2,500 annually. The press conference was crucial for Biden, who is facing pressure to reconsider his 2024 presidential bid following his performance in the previous debate with Trump.