Biden Gets Good and Bad News From Inflation Data and Fed Meeting

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, White House correspondent Michelle Jamrisko looks at how inflation and the Federal Reserve’s messaging is playing out for President Joe Biden. Sign up here and follow us at @bpolitics. Email our editors here.

In his ongoing struggle to convince American voters that the US economy is in better shape with him in charge, Joe Biden got a bit of both good and bad news on Wednesday.