DEMOCRATS are destroying the US; no leftist can deny it now

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The Fed’s favorite inflation gauge rose 5.2% in March as worker pay fell further behind


A measure that the Federal Reserve focuses on to gauge inflation rose in March, likely cementing the central bank’s intention to hike interest rates by half a percentage in May.

  • The core personal consumption expenditures price index, which measures costs that consumers pay across a wide swath of items and accounts for how behavior changes in response to market dynamics, increased 5.2% from a year ago, according to the Bureau of Economic Analysis.
  • Including volatile food and energy prices, the PCE index accelerated by 6.6%, the fastest pace since January 1982. Headline inflation was up 0.9% from February, much faster than the previous 0.5% increase.
  • A separate inflation measure, the employment cost index, increased 1.4% in the first quarter from the previous period, according to the Bureau of Labor Statistics.



https://www.cnbc.com/2022/04/29/the-feds-favorite-inflation-gauge-rose-5point2percent-in-march.html
 
Don't blame bungling Biden; he's just the fall guy crippled by age-related dementia

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The Bitter Fruit of Inflation: Dow 29500

The debacle of the 1970s reveals how disastrous surging prices can be.

The current 8.5% inflation rate is the highest in 40 years.


https://www.wsj.com/articles/the-bi...lar-wages-economic-growth-workers-11651432199
 
On the day DEMOCRATS illegitimately took office, retail prices for gasoline averaged $2.38 per gallon.

This morning, they are $4.19.

fuelsmarketnews.com/eia-gasoline-and-diesel-retail-prices-update-jan-20-2021-analysis-by-dr-nancy-yamaguchi/

https://gasprices.aaa.com/
 
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