INFLATION SURGES: CPI Rose 8.5% in March, Sets New Four-Decade High

They knew it was going to be bad.

The Labor Department report is out —and it’s all bad news for the Biden Administration. Inflation continues to be a thorn in the side of this White House. The consumer price index rose 8.5% in March, making it the fastest increase since January 1982; a new four-decade high.

According to Fox News, “economists expected the index to show that prices surged 8.4% in March from the previous year and 1.2% on a monthly basis.”

This story is breaking…