Another month has ended, and the new inflation numbers have been released.
CNN noted that President Joe Biden is “on the defensive” over rampaging inflation as it continues to burn through Americans’ wallets. In April the Consumer Price Index posted an 8.3 percent increase after an 8.5 percent increase in March, according to CNBC.
The increase topped the prediction from Dow Jones that April would only show an 8.1 percent increase.