Inflation cools but stays near 40-year high Thursday, November 10 by ABC News(WASHINGTON) -- Consumer prices are up 7.7% over the year ending in October, but that's a significant drop from the 8.2% inflation rate a month prior and below 8% for the first time since February.On a monthly basis, the consumer price index increased at... Read More.
Biden ‘hoping’ inflation cools as gas prices fall daily for more than a month Monday, July 18 by ABC News(WASHINGTON) -- The White House on Monday tried to counter bad news on soaring inflation by highlighting that a key driver of rising prices -- the cost of gasoline -- has been going down steadily for more than a month.The average American driver is... Read More.