Inlined bits of code set off using a backtick (`) currently render above the baseline of the regular fonts. This is particularly obvious when inline code-snippets appear within strikethrough (~~) text, making it clear where the normal text's center-line actually resides when compared with the backticked characters.
This problem is visible in both Chrome and Firefox (tested versions 72.0.3626.109 and 60.5.1esr respectively).
Per the page-inspector, the CSS responsible for this is found in defaults.less by assigning a padding-bottom value using the two-value padding shorthand:
The attached image shows how Firefox renders this markup/markdown code: