Inflation continues to rise in June report l ABCNL

ABC News business reporter Alexis Christoforous discusses the latest Consumer Price Index report and what it means for Americans amid growing fears of a recession.

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#ABCNLUpdate #ConsumerPriceIndex #inflation #recession #economy

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25 thoughts on “Inflation continues to rise in June report l ABCNL

  1. This feels like we the American People are setup for failure! America's Enemies are here to cause us the American people nothing but chaos & hardships!!

  2. I dislike that they think saying "if we take out food and energy, it's not really 9.1%". No, it's 9.1%. Food and energy are people's top expenses. That's just facts. This isn't peak inflation. Next month will be 10%. Maybe 15%. Who knows? Not the Fed or these analysts pushing transitory or "it's peaked"

  3. We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

  4. If only our government would stop giving away our hard earned tax dollars, this wouldn't be an issue…… but who am I kidding this is AMERICA! Home of the 1% of people who matter…. and they are the ones in power…..

  5. If the inflation rate hits 10% ! We are in another "Great depression"

    if it goes over 10.7% it will be worse then the 1930's depression ( year1932- rate10.06% )

    At todays rate of 9.1% we are dam close !!

  6. The day Joe took office inflation was 1.4%.
    I don't blame some old demented man for this disaster. I blame those that voted for it.

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