Joe Biden and the Democrats had been riding “almost not catastrophic” economic news for much of the summer, pointing to a drop in gasoline prices as “proof” that Biden’s policies were “working.” Gas prices are down — for the moment. Treasury Secretary Janet Yellen believes prices at the pump will start going up again this winter. But even falling gas prices couldn’t bring down the overall rate of inflation that came in “higher than expected” at 8.3%. Prices have climbed 0.1% since July, and the Federal Reserve is now expected to raise interest rates other three-quarters of a percentage point...
