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Biden says June inflation numbers are “unacceptably high” but “out-of-date”

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July 14, 2022

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The inflation rate hit a 40-year record in June, with the consumer price index increasing by 9.1% over the last 12 months, according to the U.S. Department of Labor. Jeff Mason, a White House correspondent for Reuters, and Colby Smith, a U.S. economics editor for the Financial Times, join "Red and Blue" to discuss the June inflation report.

#news #inflation #economy

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US DepartmentLabor Jeff MasonWhite HouseColby SmithFinancial TimesCBS News Streaming NetworkParamount SubscribeCBS News YouTube

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Biden says June inflation numbers are “unacceptably high” but “out-of-date” · CBS News · Sentinel