Inflation Insights
March's CPI numbers exceeded expectations, rising to 3.5% year over year, signaling persistent inflation despite previous rate hikes. This trend poses challenges for Biden, who anticipated rate cuts to bolster his reelection campaign. With three consecutive months of higher-than-expected inflation, the likelihood of immediate rate cuts appears increasingly uncertain.In this clip
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E174: Inflation stays hot, AI disclosure bill, Drone warfare, defense startups & more
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