Inflation Nation Archives - By Mona Salama

Consumers Continue To Feel The Heat As Inflation Burnt July 4th Cookouts

High Cost Of Food Hitting 4th Of July BBQs

July 3, 2023July 5, 2023

Americans have been feeling the burn from inflation for the past two years but despite prices starting to ease after reaching an all-time high last summer, firing up the grill to celebrate America’s birthday this Fourth of July holiday weekend is still expected to be expensive to host a cookout.

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Biden Says He Bears No Responsibility For Rising Inflation

President Biden claims that he inherited high inflation & refuses to take the blame despite inflation only being 1.4% when he entered office and ascending to a 40-year high of 9.1% in June 2022.

February 3, 2023February 7, 2023

President Biden refused to take any responsibility for the high levels of inflation, claiming the elevated prices were a problem he inherited from his predecessor and that he is not to one to blame for the ongoing inflation crisis hitting Americans under his watch.

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Markets

S&P 500 Plunges Into Bear Market Territory

S&P 500 Hits New 2022 & Closes In Bear Market Territory

June 13, 2022June 29, 2022

Stocks sell-off intensified Monday, notching a four-day losing streak with the S&P 500 tumbling into bear market territory as soaring inflation slammed market sentiment over fears recession is looming ahead of this week’s Federal Reserve key FOMC meeting.

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