SHOCK: Inflation TANKS, Dark Brandon Is INEVITABLE....
June 13, 2023
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5:59Now PlayingSHOCK: Inflation TANKS, Dark Brandon Is INEVITABLE....
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as posted by the channelInflation grew at 4% rate in May, its slowest pace in two years
Inflation in May cooled to its slowest pace in two years, indicating price increases are easing amid the Federal Reserve's rate-hiking regime.
The Consumer Price Index grew at an annual rate of 4%, the Labor Department said on Tuesday — the smallest increase since March 2021 and below the 4.2% annual increase economists had expected.
Core inflation, which strips out volatile food and energy prices, rose 5.3%, dipping from its annual rate of 5.6% so far this year. Economists have focused more on "core" inflation as it presents a truer gauge of price increases, and the current rate is still far above the Fed's 2% target.
#inflation #biden #joebiden #trump
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