U.S. Inflation Numbers Skyrocket for June, Leaving Americans Wondering When Relief Is on the Way (Guest: Devlyn Steele)
Following the rise of U.S. inflation to 8.6 percent in May, there now is confirmation that prices climbed even higher in June. The data indicates that inflation for last month reached a staggering 9.1 percent year over year. That’s the highest it’s been in more than 40 years. The principal drivers of the most recent increase are the rising costs of fuel, housing and food. The Consumer Price Index (CPI) for the month showed an increase of … Read more