THE PUREST VICTIM: NBC Absolves Biden From Role In Current Inflation

PETER ALEXANDER: Tonight after more than a year and a half of strong spending, some of the steam is now coming out of the economy. The GDP rate slowing to 1.6% in the first three months of this year. Well below expectations.

STEVE LEISMAN: What it means is that the core of the economy, business and consumer spending, is doing just fine. Inflation numbers, they are not fine.

ALEXANDER: Inflation, while down from 40-year highs just a couple of years ago remains stubborn. Those consumer prices we all pay, up nearly 3.5% a bigger jump than just three months ago.