Biden Faces Economic Pressures from Inflation and Gas Prices Ahead of Midterms
- Booming economy and inflation exacerbating vulnerability for Biden ahead of elections
- Inflation picked up again in March; more signs of an overheating economy
- Strong job growth, wages, and consumer spending fueling inflation
- Fed likely to keep interest rates high deep into election season
- Gas prices playing an outsized role in how Americans feel about the economy