
Inflation ticked up in the latest figures from the U.S. government's Bureau of Labor Statistics (BLS), released March 12. It's not a huge rise, but enough to keep the eroding value of the dollar in the headlines, feed Americans' dissatisfaction with the economy, and be received as very bad news by the White House. The president and his allies work hard to claim credit for what they tout as a thriving economy, but all they've done is link the Biden brand to rising prices and a general distaste for the president's management.