Core Inflation Archives - Loyal Conservatives

Economic Outlook Under Biden: CPI Report Points to Pressing Housing Cost Concerns and More

The U.S. annual inflation rate for September remained steady at 3.7%, slightly surpassing the anticipated 3.6%, as the Bureau of Labor Statistics (BLS) reported. Monthly, inflation rose 0.4%, decelerating from August’s 0.6% but still higher than expected. A large portion of the increase can be attributed to the rising costs of shelter, which accounted for more than half of the monthly Consumer Price Index (CPI) surge. Excluding the unpredictable energy and food sectors, core inflation …

Biden’s 2024 Campaign Exposes a Startling Departure from Reality: Prepare to Be Amazed

President Joe Biden kick-started his bid for re-election in Philadelphia by addressing union members, aiming to solidify his backing among working-class voters, particularly those of Caucasian descent. The rally held at the Pennsylvania Convention Center drew attention to Biden’s significant support from labor unions, representing approximately 18 million workers nationwide. This early endorsement from prominent unions, including the AFL-CIO, which consists of 60 unions and over 12.5 million workers, marked the earliest endorsement in U.S. …