U.S. President Joe Biden delivers remarks on his economic agenda at Prince George's Community College in Largo, Maryland, U.S. September 14, 2023.
REUTERS/Jonathan Ernst Acquire Licensing RightsLARGO, Maryland, Sept 14 (Reuters) - President Joe Biden vowed on Thursday to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the most in 14 months due to higher energy costs.
KEY QUOTE"I'm going to get those gas prices down again, I promise you," Biden told an audience in Largo, Maryland, during a speech on the economy.
Consumer prices rose 3.7% over the last year, though the rate of inflation has slowed in recent months.
* Gasoline prices jumped 10.6% in August after climbing 0.2% in July, accounting for more than half the increase in the Consumer Price Index.
Persons:
Joe Biden, Jonathan Ernst, Biden, Andrea Shalal, Jarrett Renshaw, Trevor Hunnicutt, Leslie Adler, Jonathan Oatis
Organizations:
Prince George's Community College, REUTERS, AAA, U.S . Energy Department, Biden, Strategic Petroleum Reserve, Thomson
Locations:
Largo , Maryland, U.S, LARGO , Maryland, United States