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<td width="478" class="ind_l">Topic: <span class="txt_bl_11_b">Joe Biden isn’t used to a lot of good news on inflation</span></td>
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<span>Posted: 4/13/2023 7:27:43 AM</span>
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<br> President Joe Biden isn’t used to a lot of good news on inflation, but he got some on Wednesday.<br><br>The March consumer price index dropped to a 5 percent annual increase — the slowest pace since May
2021.<br><br>That could take some heat off the White House, which has been blamed for fueling the most brutal price spike in 40 years with massive government spending. But perhaps not for long.<br><br>Beneath the headline
number there’s trouble. So-called core inflation — which strips out volatile energy and food prices — actually rose in March on an annual basis. That will probably do nothing to deter Federal Reserve Chair Jerome Powell in
his war on inflation.<br><br>A sharp drop in bank lending after the collapse of Silicon Valley Bank may do some of the Fed’s work for it by squeezing borrowers. But that — and the Fed’s continued inflation fight — could also
tip a precariously balanced economy toward a slump.<br><br>Here’s how the latest inflation numbers are likely to go over with Biden and other key players:<br><br>Biden: The drop in the headline CPI figure to the lowest rate
in nearly two years could boost the president since spiking inflation and the possibility of a Fed-induced recession are among the biggest existential threats to his winning a second term.<br><br>Biden’s strongest political
selling points are a remarkably resilient job market and rising wages, especially among lower-income earners. Anything that undermines these pillars — including inflation turning higher again and wiping out wage gains —
gives the White House
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<dd> <a href="tripplanner.aspx?subpage=showreport&lake=mill+lake&lakeid=65&reportid=11241">Mill Lake</a><br> Fishing: Unknown<br> Catch: 0<br> <span class="meta">Mon, Feb 27, 2023</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=fraser+-+hamilton+road&lakeid=193&reportid=11240">Fraser - Hamilton Road</a><br> Fishing: Unknown<br> Catch: 0<br> <span class="meta">Tue, Feb 07, 2023</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=fraser+-+hamilton+road&lakeid=193&reportid=11238">Fraser - Hamilton Road</a><br> Fishing: Unknown<br> Catch: 0<br> <span class="meta">Sun, Oct 30, 2022</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=devils+lake+-+mission&lakeid=28&reportid=11236">Devils Lake - Mission</a><br> Fishing: Moderate<br> Catch: 6 Bass<br> <span class="meta">Sat, Sep 03, 2022</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=otter+lake+(tulameen)+-+north&lakeid=390&reportid=11235">Otter Lake (Tulameen) - North</a><br> Fishing: Moderate<br> Catch: 4 Pikeminnow<br> <span class="meta">Mon, Aug
15, 2022</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=jones+lake&lakeid=90&reportid=11234">Jones Lake</a><br> Fishing: Moderate<br> Catch: 8 Rainbow Trout<br> <span class="meta">Wed, Jul 06, 2022</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=jones+lake&lakeid=90&reportid=11233">Jones Lake</a><br> Fishing: Moderate<br> Catch: 14 Rainbow Trout<br> <span class="meta">Sat, Jul 02, 2022</span><br> </dd>
<dd> <a href="tripplanner.aspx?subpage=showreport&lake=trout+lake&lakeid=89&reportid=11230">Trout Lake</a><br> Fishing: Excellent<br> Catch: 12 Trout<br> <span class="meta">Mon, May 23, 2022</span><br> </dd>
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Home Trip Planner Fishing Forum * Fishing Reports * Fishing Spots * Attractors * Hotels * My Profile Fishing forum > Search: > Joe Biden isn’t used to a lot of good news on inflation Author Topic: Joe Biden isn’t used to a lot of good news on inflation nixombiza Posted: 4/13/2023 7:27:43 AM Reply President Joe Biden isn’t used to a lot of good news on inflation, but he got some on Wednesday. The March consumer price index dropped to a 5 percent annual increase — the slowest pace since May 2021. That could take some heat off the White House, which has been blamed for fueling the most brutal price spike in 40 years with massive government spending. But perhaps not for long. Beneath the headline number there’s trouble. So-called core inflation — which strips out volatile energy and food prices — actually rose in March on an annual basis. That will probably do nothing to deter Federal Reserve Chair Jerome Powell in his war on inflation. A sharp drop in bank lending after the collapse of Silicon Valley Bank may do some of the Fed’s work for it by squeezing borrowers. But that — and the Fed’s continued inflation fight — could also tip a precariously balanced economy toward a slump. Here’s how the latest inflation numbers are likely to go over with Biden and other key players: Biden: The drop in the headline CPI figure to the lowest rate in nearly two years could boost the president since spiking inflation and the possibility of a Fed-induced recession are among the biggest existential threats to his winning a second term. Biden’s strongest political selling points are a remarkably resilient job market and rising wages, especially among lower-income earners. 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https://gtaforums.com/topic/989875-john-wick-4-release-date-us/ Fishing forum > Search: > Joe Biden isn’t used to a lot of good news on inflation Home | Sign Up | Contact Us | Forum | Forum Policy | Site Map Disclaimer: All information on this site, including depth charts, maps, directions are not intended for navigational use. Copyright 2003-2023 SharpHooks.com. All rights reserved. SharpHooks is now FREE! Login View All Submit New To submit new report: 1. Select fishing spot from Trip Planner 2. Submit new report Mill Lake Fishing: Unknown Catch: 0 Mon, Feb 27, 2023 Fraser - Hamilton Road Fishing: Unknown Catch: 0 Tue, Feb 07, 2023 Fraser - Hamilton Road Fishing: Unknown Catch: 0 Sun, Oct 30, 2022 Devils Lake - Mission Fishing: Moderate Catch: 6 Bass Sat, Sep 03, 2022 Otter Lake (Tulameen) - North Fishing: Moderate Catch: 4 Pikeminnow Mon, Aug 15, 2022 Jones Lake Fishing: Moderate Catch: 8 Rainbow Trout Wed, Jul 06, 2022 Jones Lake Fishing: Moderate Catch: 14 Rainbow Trout Sat, Jul 02, 2022 Trout Lake Fishing: Excellent Catch: 12 Trout Mon, May 23, 2022