The Consumer Price Index: A Bottoming Out Progress?

The consumer price index came out this past week. All items, top line up 3.2%. The core rate, ex food and energy 4.7%. And gasoline prices still going up. Michael Faulkner: Unless we get significant wage gains, Bill Biden can be going up for reelection running on Bidenomics that has led to steepest losses in real ages in a long time.