"Inflation Woes Haunt Biden's Presidency as Trump Criticizes Control"

President Biden claimed that inflation was "skyrocketing" when he took office, despite data showing it was at just 1.4% in January 2021 and remained below 3% until April 2021. The latest Consumer Price Index reading revealed annual inflation accelerated faster than expected for a third straight month in March. The persistent inflation levels may prevent the Federal Reserve from slashing interest rates, and high inflation has created severe financial pressures for most U.S. households, disproportionately affecting low-income Americans. Biden's administration has a "sustainable plan" to address inflation, while Republicans are mainly focused on tax policies.