Biden says GOP will drive inflation even higher as price hikes outpace projections

By Christian Datoc

Published October 28, 2022 2:45pm ET

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Biden says GOP will drive inflation even higher as price hikes outpace projections — President Joe Biden responded to bad inflation news by claiming Friday that Republicans would make it worse. September’s personal consumption expenditures index, the inflation gauge favored by the Federal Reserve, showed annual core inflation, which factors out volatile food and energy prices, rising two-tenths of a percentage point to 5.1%, outpacing expectations. Headline inflation stayed […]

President Joe Biden responded to bad inflation news by claiming Friday that Republicans would make it worse.

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2022 Elections Inflation Joe Biden Washington D.C.