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Year-over-year inflation has had a three in front of it since may of last year. nowhere close to the federal reserves 2% target. the progress is getting from three to two will prove much slower than the fed or markets anticipate and we re seeing evidence of that today. the white house spinning this report picking a time frame that works for them. in a statement saying the jobs report remains strong but more work needs to be done on prices. the reality is, since president biden came into office and started instituting his policies overall inflation is up 17.6%. all food is up 33.7%. shelter costs including rent accounting for half of the increases in the report up 18.7 percent. energy is up, electricity itself increased 27.1%. fiscal policies at odds with inflation. we doubled the deficit at full ....
Able to restrict temporary access to those people who may pose a threat. not only to themselves but to society. for there so many guns these teenagers seem to get. let me go over stats i would ever since friday for this we can hear the number of teenagers who d been shot dead in our country in north carolina 17 year old a 16 year old, chicago another 16-year-old. and no a 17 year old, delaware and of the 17-year-old. a 15-year-old d.c. another 16-year-old. this, 70 teenagers dead just since friday. here s a look at u.s. gun deaths up 50% in two years, 46% with teenagers as you can see those stats. right now gun deaths, shootings the leading cause of death for u.s. kids and teens. now 18.7% over vehicle crashes. bill, how many dead kids will congress accept? ....
As well. subaru with the cross tek. this is the wilderness. 18.7 inches of clearance. now 9.3. buyers are taking them off road. you re looking at $22,000 starting price, which makes it incredibly affordable. the off-road version is about $34,000. hyundai, winning a ton of awards at the new york auto show. this is the kona electric. 260 miles of range. hyundai going in all electric with the ionic 5 and 6, and now this this new kona here, coming in gas and electric. one of the best off-road vehicles in the world is the jeep wrangler. they just one-upped their current model with the new model. you ll see a new front, a new rear on this. the winch will tow up to a ....
Canned vegetables up 18.7%. turkey up nearly 17%. frozen vegetables up 16.7% per potatoes at 15-point to percent. biscuits and rolls up 13.6%. that sounds like a potentially difficult thanksgiving holiday for middle-class and working-class americans and those on fixed incomes, jon. that is for sure. and then the question is what are we going to do to combat this? what is the fed going to do to combat this? they re going to have to continue to raise rates. in the question is how much? people think because we had a little lowering in the cpi the fed might hold off. but i do not think we are out of the woods yet, mike. i think the fed mike they re taking the wait and see policy that a lot of the investors were hoping that they will take. i mean their approach is still a lot more measured and they re ....
Even start talking or thinking about a pause, which i think is an interesting point. bianna, i think there s a bit of something for everyone. maybe the fed will slow down the pace of interest rate hikes, but clearly not ready to declare victory anytime soon. rahel, i think matt s analogy is appropriate, because the last time they raised rates, powell warned this may be painful for some americans as he goes through the process of lowering inflation. what should americans be expecting to see? it s a great point. it may be painful for some. for some it probably already is. we re already seeing the impact across borrowing different classes. for example, mortgage rates, as we know, they have more than doubled year. look at credit cards rates, they re about 18.7% on arches. i spoke to an analyst from bankrate this morning, he believes credit card rates will be approaches 19% as early as ....