The Consumer Price Index rose 4.2% in April over its level a year ago, growing at the fastest pace in more than 12 years. NBC's Shannon Pettypiece and Washington Post Economic Policy Reporter Damian Paletta break down what the news means for the Biden administration. Paletta tells Stephanie Ruhle that continuous inflation could be a "political nightmare" for the White House.
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Inflation Could Be A 'Political Nightmare' For Biden White House