July inflation report is bad news for consumers — again
Since President Joe Biden entered the Oval Office, inflation in America has become a persistent problem.
In fact, inflation has steadily risen from 1.7% in January to 5.4% in both June and July.
Sadly, this is bad news for consumers, who are more than aware that their money isn’t going as far as it did just a few months ago.
Per the Bureau of Labor Statistics, “The all items index rose 5.4 percent for the 12 months ending July, the same increase as the period ending June. The index for all items less food...