Inflation continues to rise in June report l ABCNL

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ABC News business reporter Alexis Christoforous discusses the latest Consumer Price Index report and what it means for Americans amid growing fears of a recession.

#ABCNLUpdate #ConsumerPriceIndex #inflation #recession #economy

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We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

davideguerra

So either J. Powell, Larry Summers, Paul Krugman, etc while being "sophisticated financial minds" are dead wrong about every single notion they have of economics, or it has been DONE INTENTIONALLY BY DESIGN.

herrwahnsinn

All brandons and the democrats Get them out!!!

tygaz

"Let them eat tacos."- Jill Biden

heilzelynsky

“But doesn’t account for recent drops in gas prices” LOL

randyrobinson

Build back better Joe Biden’s economy thank you Joe

breakthrough

If the inflation rate hits 10% ! We are in another "Great depression"
if it goes over 10.7% it will be worse then the 1930's depression ( year1932- rate10.06% )

At todays rate of 9.1% we are dam close !!

markb

Merriam-Webster has announced that they will change the definition of the word "transitory."

alooga

If only our government would stop giving away our hard earned tax dollars, this wouldn't be an but who am I kidding this is AMERICA! Home of the 1% of people who matter.... and they are the ones in

XoXoVENOMoXo

lol, gas prices have come down ??? what a joke this chick is, it's still two dollars more than when Trump was in office !!!

rickyoung

Inflation is much higher than they say it is.

workharder

Trying to find some good news for some partisan spin that will help me make a false narrative

ryanmatthews

*It requires money to make money this is the best secret I have ever heard we don't make money we make multiple money*

LuisJoel

Inflation continues to rise in June report l ABCNL

Inflation continues to rise in June report l ABCNL

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