WASHINGTON—Stubbornly high inflation is putting the Democratic Party’s legislative agenda and political fortunes at risk, pressuring the White House and prompting it to stress its efforts to fight rising costs.
As a key inflation benchmark hit a three-decade high last week—consumer prices jumped 6.2% in October, the fifth-straight month of increases of 5% or more—President Biden began peppering talking points with measures his administration is taking to combat higher prices on groceries, cars, gasoline, rent and medical care.
