Biden again rejects inflation concerns, claims price spikes are temporary

President Joe Biden on Wednesday night again rejected concerns that inflation could be more severe and longer lasting than previously thought — even as a chorus of voices on Wall Street have begun to accept that recent price spikes could stick around.

Danielle Lippi, a student and a registered Republican, asked Biden about the latest inflation data at CNN’s town hall in Ohio on Wednesday evening. “Are you concerned about the higher inflation prices, especially as we see gasoline, automotive, and food prices increase rapidly?” she asked.