‘Inflation Has Robbed You’: Spiking Cost of Living Eases a Bit, but Prices Are Still Way Up

Inflation is easing due to lower food and gas prices and that’s giving some much-needed relief to consumers, but it looks like the Fed is still on track to raise interest rates at least once more.

March numbers show the rate of inflation slowing, dropping from a whopping 6 percent from this time last year to 5 percent this year. It’s the ninth consecutive month it’s fallen, but inflation is still way above normal.

Grocery prices fell for the first time in two-and-a-half years, down three-tenths of a percent from February to March. Beef, milk, fruits, vegetables, and eggs all came down a bit. Gas prices also fell 4.6%

Read the full story from CBN’s Wendy Griffith:
https://www2.cbn.com/news/us/inflation-has-robbed-you-spiking-cost-living-eases-bit-prices-are-still-way

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