Joe Biden’s America: Inflation ‘Hotter Than Expected’ – Consumer Prices Rose in February as Year-Over-Year Inflation Ticks Up
Joe Biden’s America.
Inflation rose again in February thanks to Joe Biden’s tax-and-spend policies.
Consumer prices rose 0.4% in February – less energy and food prices.
“Airline fares posted a 3.6% increase, apparel prices rose 0.6% and used vehicles were up 0.5%. Medical care services, which helped feed a higher-than-expected CPI increase in January, decreased 0.1% last month.” CNBC reported.
“The year-over-year increase for headline CPI was 0.1 percentage point higher than January, while core was one-tenth of a point lower.” the outlet reported.
CNBC reported:
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates.
