News Analysis
The hotter-than-expected inflation data could prove to be a problem for President Joe Biden and his economic philosophy, known as Bidenomics, heading into the November election.
US News
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Stubborn Inflation Poses Headache for Biden
The president says he’s confident a rate cut is coming this year.
President Joe Biden speaks during a joint press conference with Japanese Prime Minister Fumio Kishida at the Rose Garden of the White House on April 10, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
