The latest consumer price index shows inflation increased 8.3% from last year. That’s slightly down from March when inflation hit 8.5%, but still at a 40-year record high. Also, gas prices hit another all-time high today. CEO and founder of Sound Income Strategies, David Scranton joins OAN’s Alicia Summers to discuss.
Sound Income Strategies
According to recent polls, the economy is the number one issue on the minds of voters headed into the midterms. Inflation hit a 40-year high at the beginning of February and a new 40-year high of 7.9 percent this week. To put that number into perspective, economists say typically inflation is around 2 percent.