Inflation rises to 7% in December, highest in four decades


dollar up recovery worthy christian news(Worthy News) – Consumer prices increased 7% in the 12 months ending in November, the fastest clip since 1982, solidifying inflation as the greatest threat to President Joe Biden’s agenda.

The much-anticipated numbers reported by the Bureau of Labor Statistics Wednesday revealed the extent of the inflation that has afflicted the country as it recovers from the COVID-19 pandemic.

High inflation has damaged Biden’s popularity and sapped support for his plans for new major spending programs and tax hikes. [ Source: Washington Examiner (Read More…) ]

8
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X
Join the Truth Social discussion

Latest Worthy News

U.S. Medical Missionary Recovering After Contracting Ebola While Serving in Congo
Trump Calls for Immediate Israel-Iran Ceasefire After Overnight Missile Exchange
IDF Warns Iran Conflict Could Last Days As Israel Strikes Missile Infrastructure Deep Inside Iran
Trump Warns of ‘Great Trouble’ as California Vote Count Shifts Los Angeles Mayoral Race
Several Killed In Philippines Earthquake; Indonesia, Malaysia Issue Warnings (VIDEO)
Israel Says IDF Now Controls One-Fifth Of Lebanon As Hezbollah Suffers Heavy Losses
Antisemitic Hate Crimes Surge Across London, Police Data Shows
Senate Blocks FISA Surveillance Extension Amid Fight Over Trump Intelligence Pick
U.S. Economy Adds 172,000 Jobs in May, Far Exceeding Expectations
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News