(The Center Square) – Federal data released Friday showed that inflation remains elevated. The figures came out on the heels of other data showing the U.S. Gross Domestic Product underperformed in the first quarter of this year. Both the inflation and GDP data points raised concerns among economists and renewed criticism of President Joe Biden among Republicans. “Given the elevated levels of inflation – and this is the new normal for 2024 – the market is going to... Read this story
