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 janua
more difficult the for these narratives to take hold when they re coming to shoot at you. reporter: former president trump not holding back shots. in a post earlier this week he wrote, quote: florida was doing great long before ron desanctus got there. people are fleeing from new york and florida to florida and other places i because of high taxes and out of control, not because of governor, thank you, president trump, desanctimonious, as he calls him. only two other republicans have declared so far, biotech the entrepreneur vivek ramaswamy and former u.n. ambassador nikki haley. haley also attendedded a conference in austin yesterday that included former vice president mike pence, senator tim scott, governor chris sununu and former governor chris christie. jon? jon: alex, thanks. so florida governor desantis also visited three blue states in recent days on a pro-police tour to showcase his crime-fighting efforts. desantis hitting the