By Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden’s hopes that his party would head into the midterm elections with inflation receding were dashed on Thursday when the final report ahead of the November vote showed prices rising more than expected. The report could hurt Biden and his Democrats, who are hoping to retain control of Congress and must convince voters deeply concerned about high prices that they are the ones who can help drive inflation down, even as it occurred under their watch. The White House was slow to recognize the stubbornness of inflation, with top official…