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The Guardian - US
The Guardian - US
World
Joan E Greve in Washington

Will rising prices sink Biden’s midterm hopes for Democrats?

Joe Biden Joe Manchin White House Austan Goolsbee Joseph Geevarghese Kelly Dietrich Mitch McConnell Ukraine Vladimir Putin EPA
The Republican senators John Barrasso, left, and Mike Crapo, right, try to pin inflation on Joe Biden on Capitol Hill in Washington in February.
The Republican senators John Barrasso, left, and Mike Crapo, right, try to pin inflation on Joe Biden on Capitol Hill in Washington in February. Photograph: Michael Reynolds/EPA

In the days leading up to the release of the US labor department’s latest inflation report, the White House tried to deflate expectations. White House officials said they expected the March inflation rate to be “extraordinarily elevated” because of rising gas prices, driven largely by war in Ukraine.

Unfortunately for Joe Biden and his fellow Democrats, they were proven right. The inflation report, released on Tuesday, showed US prices increased by 8.5% between March 2021 and March 2022 – the highest level of US inflation since 1981.

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