As inflation accelerates, Biden has no idea what to do
Core inflation, which excludes food and energy, accelerated in April, rising 0.6 percent from the previous month, while the March increase was 0.3 percent. That is bad news. In addition, the headline print on 12-month price hikes was 8.3 percent, worse than the consensus expectation of 8.1 percent. The only life raft for President Biden? That 8.3 […]