"Breaking Down Biden's Legislation Impact: Inflation Surges Unexpectedly"

In this detailed analysis, we explore the unexpected surge in inflation under President Joe Biden's legislation, diving deep into the latest statistics that have taken experts by surprise. With a current inflation rate of 3.5%, this video breaks down how this figure is a significant rise from the previous 3.2%. We delve into historical comparisons, revealing that to find a higher inflation rate, we must look back to September of last year when it hit 3.7%. Moreover, we examine the core year-over-year CPI, which stands at 3.8%, indicating a hotter economy than anticipated. With January recording a 3.9% inflation rate, we're currently at the lowest point since April 2021's 3.0%. Despite this slight decrease, inflation remains a pressing concern, running hotter than many would hope. Join us as we dissect these numbers and their implications for the economy under Biden's policies.