ABC News business reporter Alexis Christoforous breaks down the latest consumer price index report showing that inflation accelerated to 9.1 percent in June.

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27 thoughts on “Inflation hits new high as recession fears grow l ABCNL”
  1. Biden closed our ability to be self-sufficient in creating our own fuel that would lower prices at the pump, shipping costs, electricity, etc…. he is directly responsible for America's high rate of inflation and he can help all Americans by opening up the pipeline and rolling back restrictions on fuel production. There is inflation everywhere, but we have the capacity to get it under control if we have the right leader.

  2. gas comes down 37 cents after going up 4$ & they say gas is coming down, no unless its below 2$ its not down just like unless you create more jobs you haven't added 1 to the economy as we are still below pre pandemic numbers for employment

  3. ATTN SHORT SELLERS, RETAIL INVESTORS!!!
    I see retail investors listening to so called news & go Short. Remember it's the time when the super rich buy from you, do quick Squeeze to take your money. ALWAYS DO THE OPPOSITE! "Only dead fish go with the flow"

  4. Remember the Russia hoax people, when Democrats lied, and lied AND lied for years even to their own constituents. Fool me once shame on you, fool me twice shame on me. Same routine as the Kavanaugh, Gorsuch & Russia smears, they bring in another version of Christine Blasey Ford for sworn 'here say' testimony LOL. These "hearings" are literally ran by some the same liars who perpetrated the Russia hoax hearings which proved to be completely BS created by the Democrats themselves and cost taxpayers millions & millions all to GET TRUMP. Its not just Biden who is corrupt, the Democrats hid Biden in his bunker from the American people, the press, because they knew he had at the least cognitive issues and early stages of dementia. Today's Democrat party is corrupt to the core. This committee is a collection of anti Trumpers Thompson, Raskin, Shiff, Aguilar. Just another attempt to smear Trump at taxpayers expense. Pelosi handpicking two Republicans RINOS, Liz Cheney & Adam Kezinger to make it appear fair and non partisan is not only slimy but an insult to your intelligence. Zero credibility for this firing squad. Democrats aren't even good at corruption.

  5. Whomever is the real person in charge of the country is scared to death of white supremacists. There answer is to literally flood the country from all over the world. Next on the list is to give them the right to voter or citizenship. Mayorkas is a pawn for Biden. Joe Biden is a pawn for ? Have you seen all the pregnant woman crossing the border? $15K a child birth with no complications. Schools, from K-12 it costs taxpayers on average of $122,000 for EACH illegal alien student. This does not include the millions spent on bilingual ED, instructors, daycare. School class size's are negatively impacted and our students suffer as a result. $3Million Dollars a DAY is spent to incarcerate, process Illegal aliens in the Criminal justice system. $2.2 Billion dollars a year is spent on food assistance program. Emergency services, every police, fire,paramedic for city & states increase dramatically. Taxpayers pay for all hospital, emergency room treatments, ambulances. Our children and grand children will be pay for this in the future as we will now.

    …………………..It's a great plan! Allow an invasion and the American taxpayers pay for the invaders themselves.

  6. Is your socialist State Representative listed?
    Congressional Progressive Socialists who recently voted “NO” on the bill to protect USSC Justices and their families. To this date the federal government has not supplied protection for the justices at their homes. Demonstrators at the Justices homes are in violation of two federal laws. Merrick Garland does nothing. This is the same group that voted for de-funding the police, voting rights for illegal aliens, 'Gun control', and support open borders.

    Maxine Waters (Calif.), Ilhan Abdullahi Omar (MN), Cori Bush (Mo.), Ayanna Pressley (Mass.) Rashida Tlaib (D-Mich.), Alexandria Ocasio-Cortez (N.Y.), Pramila Jayapal (Wash.), Joyce Beatty (Ohio), Jamaal Bowman (N.Y.), , , Adriano Espaillat (N.Y.), Jesús García (Ill.), Sylvia Garcia (Texas), Veronica Escobar, (Texas), Josh Gottheimer, (N.J.), Raúl Grijalva (Ariz.), Steven Horsford (Nevada), , Brenda Lawrence (Mich.), Barbara Lee (Calif.), Norma Torres (Calif.) Tom Malinowski (N.J.), Marie Newman (Ill.), ,Bill Pascrell (N.J.), Donald Payne (N.J.), Ed Perlmutter (Colo.), Mikie Sherrill (N.J.), Albio Sires (N.J.), Nydia Velázquez (N.Y.), and Bonnie Watson Coleman (N.J.)

    *10 of the 28 listed are from NY & NJ.

  7. This woman is supposed to be an expert? The Fed rate has nothing to do with mortgage interest rates. Those are tied to bond yields. Good grief.

  8. Wow, we went from Joementia to Joeflation to Joecession in warp speed.
    Let’s just pray we’re not soon in a Joepression.

  9. Quit complaining America. You know this was coming a long time ago. Is gas supposed to last forever,? Is every house going to be worth a million dollars? Sooner or later it all has to come to this.

  10. Sleepy Joe “Repeat the Line” Biden and the idiot Democrats doing a fantastic job so far. Hope you’re happy liberals🤣

  11. Even with a different president we will still have high gas prices and high inflation.China will still shutdown,Ukraine would of still be in war .And the supply demand is out paced

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