Inflation will be factor in election
Eye-opening at the top of the Wall Street Journal’s April 11-12 edition was the headline “Inflation hits two-year high.” Reporting that consumer prices jumped 3.3% in March from a year earlier, the largest increase in two years, the Journal said the April 10 inflation report from the U.S. Labor Department “was in line with the expectations of economists surveyed” by the newspaper “but the March reading was much hotter than February’s gain of 2.4%” The Journal continued: “The report is the first to capture the impact of the Iran war on inflation.” The Journal ...