An inflation indicator closely tracked by the Fed was recorded at its highest level since 1982 today … the day after it was confirmed the U.S. economy is in a recession.
There’s now only one word to describe Biden’s economy: Stagflation.
BREAKING: An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades, and leaving Americans with no relief from surging costs. https://t.co/WQnVCE5ZdB
