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slows from 40-year high
WASHINGTON (AP) — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday. That was below the 8.5% year-over-year surge in March, which was the highest rate since 1981. On a month-to-month basis, prices rose 0.3% from March to April, a still-elevated rate but the smallest increase in eight months.
President Biden has got nine lives; you drop him from a five-story building and he lands feet first unscathed. The terrible "C's", competence (legislative) and competence (cognitive) give way to two other "C"'s, comprehending and comeback. Disastrous Delta and OMG Omicron are firmly rear-view. The leader of the F-Troop Retreat from Afghanistan turns into Bulldog Winston Biden standing up to and staring down Poodle Putin. Inflation easing, hope yet on Build Back Better, SCOTUS overturning Roe v Wade--all of these make Biden and the Dems resurgent.