8% Plus Inflation Sends The Biden Administration Into Damage Control Mode
The extraordinary high inflation revealed Tuesday by Labor Department data is a result of Russia’s war against Ukraine, according to the White House.
The extraordinary high inflation revealed Tuesday by Labor Department data is a result of Russia’s war against Ukraine, according to the White House.
Truflation measures an inflation rate of 13.3%, as opposed to 7.9% in March’s Consumer Price Index.