President Joe Biden Has Another Record High Inflation Again
2 years ago
5
President Joe Biden responded to news of inflation reaching a fresh four-decade high by arguing that the report is outdated.
The Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022, according to a Wednesday morning report from the U.S. Bureau of Labor Statistics, exceeding the Dow Jones estimate of 8.8%. While Biden acknowledged that the inflation reading was “unacceptably high,”
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