‘Electric Bill $500’: If Inflation Is Easing, Why Are Prices Still so High?
For more than a year, the Federal Reserve has raised interest rates to lower inflation. Prices are still high, however, especially when it comes to necessities like gas and groceries. With a growing number of Americans living paycheck to paycheck, many are struggling to make ends meet.
“We’re looking at about $500 a week if not more,” Amber Bergeron of Dutchtown, LA told CBN News.
Earlier this year when food prices reached 4.7% higher than the year before, some took to social media to air their frustration.
Read the full story from CBN’s Charlene Aaron:
https://www2.cbn.com/news/us/electric-bill-500-if-inflation-easing-why-are-prices-still-so-high
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