That made three straight months of prices rising faster than the month before; annualize that three-month span and you get a 4.6% inflation rate, with a clear risk that the acceleration will continue.
Prices today are a depressing 19% higher than when President Donald Trump left office. Steak's up 26%, eggs 103%.
Biden's been delusional on that, too: 'I'll bet you those rates come down,' he said last month; on Wednesday he admitted any cuts will likely be delayed.
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