Tag: Bureau of Labor Statistic

Capital and Risk, Macroeconomic

Biden Said Inflation Had Peaked at 6.8% Back in December – But, Six Months Later, It’s at 9.1%

July 14, 2022


Last December, when inflation was 6.8%, President Joe Biden reassured Americans that inflation had peaked – but, yesterday, the Bureau of Labor Statistic (BLS) reported prices rose 9.1% in June. The Consumer Price Index (CPI), which is an indicator of […]