3 Measures Showing Inflation Is Getting Worse

With the PCE report today, we now have three inflation measures indicating that inflation is getting worse:

• The Personal Consumption Expenditures Price Index, the Fed’s preferred measure of inflation, accelerated from last month and rose at a higher-than-expected 5.4%.
• The Consumer Price Index increased more than expected and accelerated from last month.
• The Producer Price Index accelerated from last month and rose more than expected.

This is bad news for American families. Now, like anytime Biden gets bad news, watch him first try to brag about it and then blame someone else.