Additional food price inflation could be on the horizon as rising input costs hammer small farmers. U.S. agricultural producers are reeling from Joe Biden’s inflation due to skyrocketing fuel and fertilizer costs.
Economist Mohamed El-Erian is criticizing the Federal Reserve for failing to tackle inflation. During an interview Sunday, he said the U.S. has not yet reached peak inflation and it could go higher from last month’s reading of 6.8 percent.
Sen. John Barrasso (R-Wyo.) said “everything Joe Biden touches makes inflation worse.” One America’s John Hines has more from Capitol Hill.
AAA predicts 53.4 million Americans will travel for the Thanksgiving holiday, but rising gas prices are hurting plans for millions.
The Biden administration is considering shutting down a Michigan pipeline, which would send gas prices even higher. One America’s Christina Bobb spoke with a Michigan pipeline owner on the potentially catastrophic outcome.