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More people working and get to the strong sustainable growth that we are beginning to see. if we can address these present challenges, we'll hopefully see going forward. the president outline add three-part plan to do that around unsticking supply chains, protecting consumers and reduce directly the most significant costs that american families face. obviously key elements of the build back better frame work go directly at that issue. so i'm happy to talk about the policy details behind that plan in general, but i think to summarize, we have historically strong economic growth in labor market ...

Is there anything you can do to help families pay for that food? >> well, i would say -- a number of things. one is when the president came into office, he prioritized early passing the american rescue plan. the american rescue plan has historic investments in actually addressing food insecurity for people that couldn't afford food. as a result, we saw hunger in the united states decline in 2021. it also included the child tax credit. another research that shows it going directly to family to help the typical costs that they face monthly. as a result, we saw child poverty fall by 35 to 40% in ...

It's overshadowing a winning economy. how do you manage that? >> well, we start by looking at this month's data, and getting a little bit under the hood. what we saw was the 0.5% increase month over month was actually a deceleration, a welcome deceleration from october and november. and that was driven by a reduction in energy prices, principally gas prices, which is good news, wells a reduction in the rate of increase flood costs, particularly food at the grocery store. so that reflects some progress. at the same time, you're absolutely right. the price increases are too high and they are aff...

Welcome deceleration in the rate of price increases in a number of respects. in the headline, price increased data, we saw a decline month to month to 0.5 purse down from 0.8% in the month before. still too high, but moving in the right direction. as i think i'd say every time here and if i don't, it's a mistake, why never indexed too heavily on the one month of data in any direction. i would note that we saw in prices from november to december a decline in the rate of growth of the prices for food at home, which is a technical way of saying food that people buy in the grocery store and the dr...