Inflation rises to 3.2% due to gasoline and income, in a sign of resistance that may complicate Biden's re-election. Prices rose 0.4% from January to February, representing a rebound from the 0.3% rise seen the previous month.
Compared to the previous 12 months, consumer prices rose 3. 2% in February, a faster pace than the annual 3.1% seen in January. Inflation remains a persistent challenge for the Federal Reserve and also for President Joe Biden'sRe-election campaign.