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Explainer: Inflation is back and it is complicating matters

Adverse weather, including delayed monsoons and heavy rainfall, has led to higher vegetable prices may lead to further rate hikes and slow down economic growth | Latest News India ....

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MSNBC PoliticsNation June 4, 2024 21:08:00

A mess. we re at the lowest unemployment in 50 years and consumer confidence is added to your high. inflation has also dropped for the 12 consecutive month. talking about bidenomics, we ve received several pieces of good economic news this month. economic news that polls show that voters trusting republicans more than democrats when it comes to handling the economy. why is this issue a liability for democrats and president biden why are people not feeling this good economic news. i think the inflation spike at the end of the pandemic really caused a lot of hardship for the american people. and that s why democrats work hard to lower costs. we kept insulin at $35 for seniors. we re trying to cap it for everyone and under biden know max and the laws we passed we have now brought inflation down ....

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CNN CNN News Central June 4, 2024 19:44:00

Now to some of the other headlines we re watching this hour. a key inflation gauge is showing that prices fell sharply in june. it is down to 3% which is a sharp cooldown from last year when surging energy costs helped inflation spike to 9%. the progress might not be enough to deter the federal reserve from raising rates when it meets later this month. today is the first full day of freedom for convicted killer and former charles manson former leslie van houten. she was released yesterday on parole after 53 years in a california prison. van houten was 19 when she joined the manson family cult. she took part in the stabbings of super market executive leno labianca and list wife rosemary in their home in 1971. incredibly gruesome crimes. ....

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FOXNEWS FOX and Friends June 4, 2024 10:24:00

We have some growth. we re at 1% now. but where were we? well, this is when you add trillions and trillions and trillions of dollars into the economy it s fun. think of this as a party, right? you go to the party, this is 10:00 p.m. 12:00, 1 p.m., 2:00 p.m. maybe too many tequilas, right? we had a recession that wasn t officially called a recession. by the way like 9 people nobody ever heard of whose time stamped officially. we have a little bit of a bounce. look at the trajectory, we are expecting i think almost everyone anticipates recession. the big question is how deep will it be? brian: before we change screens we were here coming out of the pandemic and no one was working. so what we did was printed a lot of money, correct? right. brian: we gave a lot of that money out. a lot of it was abused. a lot went to other nations. that s another story. but when you were here, you were telling us this is going to be a problem here. that s why we have the growth that we have right t ....

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BBCNEWS Newscast June 4, 2024 01:46:00

I am just being clear that that is your view that is what you think. well, i mean, it would be crazy to say that compared with, say, a couple of years ago, we re experiencing strikes and we weren t then. the difference, of course, is not only going through covid and all of that but, primarily, the increase in inflation. i suspect that if we hadn t seen inflation spike as it did because of putin s war in ukraine, the energy prices and, therefore, the inflation that has followed it, i don t suppose we would have this industrial action. that s not to say. so you accept that it is worse now than it was, say, a month or two months ago? to say strikes aren t worse than they were, of course, wouldn t be true. yeah, because the impact on people s, you know, lives and livelihoods through high inflation is having a bigger impact. let s talk about the whole idea of minimum service levels, or minimum safety levels this idea that it is put into law that there is a baseline provision of a servic ....

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