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pace since june. and that could have major economic and political fallout. lucas tomlinson is live at the white house with more on this. lucas. reporter: jon, jp mayor began ceo jamie dimon thinks the fed has lost some control over inflation. a chemming contact congressman representing joe biden s home hometown in scranton responded earlier on fox. i wouldn t go that far, but what i will say is i think they got a late start. i think they should have started ticking interest rates up a little bit much earlier, maybe six months earlier than they did. reporter: new economic data shows inflation is getting worse. the personal if consumption execs pendtures price index, the fed s preferred gauge for inflation, rose .6% in january. the annual inflation rate also rose to 5.4%, the first increase since it peaked in june making some wonder if the fed is behind on inflation. president biden reacting to the economic news in a statement which read in part: annual inflation in ....
griff: despite new report prices surging in january. lucas tomlinson in january with the latest from the president s response. hey, lucas. lucas: the last hour, aishah interviewed and weighed jp morgan ceo jamie dimon having trouble heavy will with inflation. i wouldn t go that far. i think they got a late start. they should have started ticking interest rates earlier, maybe six months earlier than they did. lucas: here is new economic data, rose .6% in january beating analysts expectations. this annual inflation the annual inflation rate rose 5.4% first increase in inflation data since it peaked in june making analysts wonder if it s behind inflation just like jp diamond. president biden reacted to news, inflation is down from the summer while unemployment is remained at or near 50-year low and take-home has gone up. the white house announced friday it will be sending $2 billion in additional weapons and ammunition, not on the list fighter jets, asking the question ....
Griff: despite new report prices surging in january. lucas tomlinson in january with the latest from the president s response. hey, lucas. lucas: the last hour, aishah interviewed and weighed jp morgan ceo jamie dimon having trouble heavy will with inflation. i wouldn t go that far. i think they got a late start. they should have started ticking interest rates earlier, maybe six months earlier than they did. lucas: here is new economic data, rose .6% in january beating analysts expectations. this annual inflation the annual inflation rate rose 5.4% first increase in inflation data ....
Pace since june. and that could have major economic and political fallout. lucas tomlinson is live at the white house with more on this. lucas. reporter: jon, jp mayor began ceo jamie dimon thinks the fed has lost some control over inflation. a chemming contact congressman representing joe biden s home hometown in scranton responded earlier on fox. i wouldn t go that far, but what i will say is i think they got a late start. i think they should have started ticking interest rates up a little bit much earlier, maybe six months earlier than they did. reporter: new economic data shows inflation is getting worse. the personal if consumption execs pendtures price index, the fed s preferred gauge for inflation, rose .6% in january. the annual inflation rate also rose to 5.4%, the first increase since it peaked in june making some wonder if the fed is behind on inflation. president biden reacting to the economic news in a statement which read in part: annual ....