Inflation turns corner at precarious moment for Biden ...Middle East

News by : (The Hill) -
The economy is making a favorable shift for President Biden after years of high inflation, just as it’s being overshadowed by concerns about his age and overall fitness after a widely criticized debate performance. Biden has struggled for months to sell American voters on his handling of the economy after three years of high inflation and persistent, if unfulfilled, recession fears. After hovering around 3 percent for more than a year before spiking again in March, inflation is finally back on a downward path. The consumer price index deflated last month for the first time since the pandemic as prices decreased by 0.1 percent between May and June, according to data rel

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