WASHINGTON (Reuters) – President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was evidence an economic recovery “is continuing to power forward,” and said his administration needed to do more to bring prices down for consumers.

“My administration has passed laws that will bring down prescription drug prices and health insurance premiums starting next year. We must do more,” Biden said in a statement.

(Reporting by Katharine Jackson and Rami Ayyub; Editing by Doina Chiacu)