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Reuters attempted to dismiss inflation fears after the disastrous Consumer Price Index (CPI) report was released by citing one of President Joe Biden’s donors. 
Reuters’ story on the CPI data cited Johns Hopkins University Center for Financial Economics Director Robert Barbera.
Reuters included his comments in the fourth paragraph, to undercut the news that “U.S. consumer prices increased by the most in nearly 12 years in April,” which “could add fuel to financial market fears of a lengthy period of higher inflation.” “‘
This is not a sign of an inflation problem,’” Barbera reportedly told
Reuters. “‘
We have the capacity to produce this stuff, we simply need time to get things back on line. ....

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