‘Bidenflation’ reaches 40 year high, consumer prices much higher than expected
According to the Department of Labor, the rate of inflation, known to Republicans as ‘Bidenflation,’ in the US increased to 9.1 percent in June after previously reaching 40-year highs. This is the new record since 1981. The Bureau of Labor Statistics’ Consumer Price Index increased 1.3 percent from the previous month. Experienced economists forecast CPI … Read more