[Elizondo]

https://www.bloomberg.com/news/artic...after-new-data

Biden Says US Inflation to Persist ‘For a While’ After New Data

President Joe Biden told Democratic donors that they should expect high inflation to persist “for a while,” after new data released Friday show prices rising faster than forecast.

“We’re going to live with this inflation for a while,” Biden said at a fund-raising event for Democratic Party campaigns at the home of billionaire producer and investor Haim Saban in Los Angeles.