Biden Says US Inflation to Persist ‘For a While’ After New Data

US President Joe Biden arrives to speak at the Port of Los Angeles on June 10.Photographer: Kyle Grillot/Bloomberg
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President Joe Biden told Democratic donors that they should expect high inflation to persist “for a while,” after new data released Friday show prices rising faster than forecast.

“We’re going to live with this inflation for a while,” Biden said at a fund-raising event for Democratic Party campaigns at the home of billionaire producer and investor Haim Saban in Los Angeles.