Inflation Jumps Again in February in Latest Sign of Elevated Price Pressures
Despite a healthy job market and a record-high stock market, polls show that many Americans blame President Biden for the surge in consumer prices that began in 2021.
WASHINGTON — Consumer prices picked up last month, signaling inflation’s persistent challenge for the Federal Reserve and for President Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year.
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