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.
A new Gallup poll says that 45 percent of American households report hardship triggered by higher inflation and now House GOP leaders are speaking out, saying that much of the inflation is due to excessive spending by Democrats.
Joe Biden’s approval rating is in a free fall as Americans see a number of crises unfolding before them, including rising inflation, the disaster at the southern border, the botched Afghanistan withdrawal, rising crime and pandemic responses. Florida State Rep. Blaise Ingoglia weighed in on what this all means going into 2022 in this exclusive interview with OAN’s Alicia Summers.
The Biden administration comments on the trajectory of record high inflation.
Sen. John Barrasso (R-Wyo.) said “everything Joe Biden touches makes inflation worse.” One America’s John Hines has more from Capitol Hill.
The supply chain crisis continues to linger on, affecting retailers across the country and in turn, affecting millions of Americans as we near the holidays.
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.
Kara sits down with Julia Song to discuss the recent cryptocurrency boom and fears of inflation in the U.S. Dollar.