Hallie Moss News Today : Breaking News, Live Updates & Top Stories | Vimarsana

through a period of high inflation like this one. it s painful. paychecks are not going as far. if you adjust wages for inflation, they re getting smaller. the president is right to call out the fact that this report does not capture the fact that gasoline prices have started to cool off. the national average is 4.63 a gallon. down 40 cents from the record high. two things to remember here, one, it s not like prices at the pump are cheap. no one is doing a victory dance about $4.60 gas, and ftho, this is not just about prices at the pump. it s about food. housing prices. there were record price spikes last month from beer, to cleaning products, men s suits as well. this is an economy wide problem, and unfortunately it s getting worse. how come you didn t mention me for hair cucuts. yeah, why not? no reason. there was no reason. okay. does this raise the risk. it does. the federal reserve is going to be under more pressure to step up the war on inflation. step in l

Cnn newsroomAlisyn camerotaU sVictor blackwellConsumer pricesBureau of labor statisticsGas prices9 1Matt eganInflation rateGasoline pricesVictory danceNo oneCool off4 604 63