Inflation in core items increased by 3.3% from January 2024 to January 2025 based on data from the Bureau of Labor Statistics. Consumer prices in the U.S. went up by 3.0% for the 12 months ending in January, as reported by the Labor Department. Former President Donald Trump attributed the rising inflation to President Biden, claiming, "Of course, it's Joe Biden's fault," in response to the latest economic reports. Democratic Senator Elizabeth Warren criticized Trump for not fulfilling his promise to lower costs for working families, emphasizing how the current inflation data highlights his failure to do so.