White Home aides had been out in drive on Monday warning that Tuesday’s inflation report can be ugly and blaming it on Vladimir Putin. Little doubt that beats blaming your personal insurance policies. However inflation didn’t wait to seem till the Ukraine invasion, and by now it is going to be laborious to cut back.
The White Home was proper concerning the consumer-price index, which rose 1.2% in March, the very best month-to-month rise for the reason that present inflation set in. The value rise within the final 12 months hit 8.5%, the quickest fee in 40 years.