High Inflation Haunts Biden & Democrats

Published: July 13, 2022, 8:38 p.m.

b'A key inflation measure out today confirms inflation is still on the rise, when the White House and the Federal Reserve want to see the opposite. CNN Political Director David Chalian breaks down the latest data and what the Biden administration wants Democrats in Congress to do to address high costs for Americans. On the other hand, Republicans argue their policies are the reason the US is in the situation. Inflation surged at an unexpectedly high rate, so the Fed might have to risk recession to bring it down.\\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'