US Treasury Secretary Admits being in Error About the Detrimental Effects of Inflation
Yellen noted, "I think there’s a lot of uncertainty related to what’s going on with Russia and Ukraine and I do think that it’s exacerbating inflation. I don’t want to make a prediction exactly as to what’s going to happen in the second half of the year, you know, we’re likely to see another year in which 12-month inflation numbers remain very uncomfortably high."
Here's an in Depth Look at how Inflation Impacts your Trip to the Grocery Store
The article notes, "Food-at-home prices are expected to increase between 3% and 4% by the end of 2022, according to a recent U.S. Department of Agriculture forecast."
Sen. Ron Johnson Proposes New Plan for Return to Economic Stability
Sen. Ron Johnson (R-WI) notes, "We need to stop fueling inflation with deficit spending, which should be cut drastically. We can lower gasoline and energy prices by allowing the private sector to extract the fossil fuels we need to power our economy."
