Posted 1/11/2024, 10:00:42 AM
Inflation Moderates But Remains High, Clouding Biden's Economic Message
- Inflation moderated in December but remains high, complicating Biden's economic message
- Core inflation expected to drop below 4% for first time since May 2021
- Republican rivals using inflation to criticize Biden's policies
- Polls show voters have negative view of Biden's economic record despite strong job market
- Biden administration hopes voter sentiment will improve as inflation continues to moderate