Consumer prices rose 8.2% year over year despite several interest rate hikes by the Federal Reserve. WATCH ABC News live stream here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP See more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #consumerpriceindex #cpi #economy #interests
Original source (ABC/Youtube)
Inflation is worldwide! In 1980 when Regan was in office. The fact that concert venues are sold out. People are traveling, shopping negates your story!!! I remember we had a day when we could buy gasoline and we made it through it. Stop fear mongering!!!!
The remedy for inflation is much higher interest rates and much higher unemployment. We have to destroy demand
no, the increase in social security payments is a signal that the cost of Medicare will increase as well as any supplemental insurance rates. This increase is eaten up before it's deposited. It's not for a spending spree for grandma; it goes straight to insurance. Try for some accuracy in reporting the real world. Better yet, consult with some of your old family members.
Inflation has nothing to do with reps it’s all on dems even they do their worse everyone must still go vote republicans. Dems are scammers, traitors, cheat, and trick trust.
Brandon achievements ha
Now with the recent economy, To get Financial FREEDOM you have to be making money while you're asleep.
God I miss Trump
Thank a democrat! Smh
I miss Orange Man, Energy Independence, Peace in Europe, the Middle East and $2 gas.
I'm a liberal but I think I'll vote Republican this time!!!I'm tired of paying too much at the gas pump!!!!
They can’t even admit we’re already in a recession??
Biden did that. Vote senile Biden and these democrats out of office. Make AOC a bartender again.
democrats resolve … dont worry about all that the Jan 6th committee is going to vote to subpoena you know who… you guessed it …
Brillian<t analysis of the different things to watch for on the different time frames. Good to see everyone feels the same way when they lose money, everyone thinks they could do this or that with that money which is as good as gone, instead people refuse to seek help from professionals, Edward Joseph James set to be different and unique, I have made about $470k already from his day trading with just my initial start up of $85k, all i did was to copy his daily signals, am done having heart breaks hodling and trading myself lol.
GreedFlation
"If you (biden) ever got in (to be president) with your ideas…………..we will have depression the like of which we have never seen."
Trump 2020 election debate…on the economy
Trump told us 2 years ago this is going to happen. Let's go Brandon
Who voted for this guy his policies are terrible and he is pro choice abortion even worse.
All this spending is going to cost big for all soon to be retirees…absolutely due to government being irresponsible with spending …401ks are going to be wiped clean and it's out of their control….too late to start over…
Joe Biden solution is to go after Uber Lyft drivers…..
Inflation is here too stay and it will go higher because the fed is raising rates but the government is increasing deficit spending and growing the size of government.
Democrats inflation reduction act was a scam.
MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below…
It’s russia fault 😂
Good job brandon
If you voted for Biden, you caused this
The Midterms are going to be brutal for demonrats
These people know nothing about the economy. Look at the CPI monthly numbers. The numbers they are quoting are lagging indicators.
Go figure, same time these reports are coming out, Jan. 6th committee becomes active.
Feds going to go the full 1% on 11/2.
OUCH 💔
Powel try to screw democrat and biden i think he did cant wait for nevember
Impeach 46
Thanks brandon. You’re doing a great job.
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $9,000 investment every 21days.
more like 18%
The USG is playing whack-a-mole looking for new culprits to blame for high inflation every few weeks. It's not that difficult. Increase the federal minimum wage, increase Social Security payments (as was just announced today), increase the food stamp allotment, increase the Section 8 housing voucher, set price controls on medical billing, introduce rent controls. A practical response to inflation is more than 'we're waiting for the Fed to raise interest rates' or 'Russia invaded Ukraine so gas is expensive.' We are happy the Social Security benefit is increasing but alot remains undone to make the economy whole.
If the dems cared they could fix this open the oil
"While wages have gone up as well, we all know they're not keeping up with inflation." (01:15) I absolutely agree. Wages are not keeping up with inflation. However it IS NOT the responsibility of the Federal Reserva Bank to ensure inflation stages managable- that is the responsibility of Congress who has failed to raise the federal minimum wage since 2009.
THANKS OBIDEN, FOOKING SCUMBAG!!!
5 stoopid timid raises : fed should do 1% x 5 and be done with the market pain, the ppl can get back to normal FASTEr . . .
Nothing the media can do hide that for the democrats, so they " now " want to be journalist