New CPI Numbers Reveal Bumpy Road Ahead for Getting Inflation Back to Normal
WASHINGTON – If you think prices are still high, you’re right. The latest government numbers show inflation is still climbing, although not as fast as the last few years.
While efforts by the Federal Reserve have slowed inflation, board members aren’t ready to declare victory. Partly because the latest Labor Department numbers prove getting inflation back to normal might be more difficult than expected.
“We’ve been very clear here that prices are still too high. We’re going to do everything we can to lower the costs,” declared White House Press Secretary Karine Jean-Pierre on Tuesday.
Read the full story from CBN’s Abigail Robertson:
https://www2.cbn.com/news/us/new-cpi-numbers-reveal-bumpy-road-ahead-getting-inflation-back-normal
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