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The inflation reduction act has turned 1 year old today... Inflation is costing Americans an additional $709 a month... for the exact same stuff they could buy two years ago. After months and months of inflation coming back down to earth... it slightly increased in July by 0.2%. Inflation is now at 3.2%... it's down from it's 40 year high of nearly 10%... but it still falls short of the goal. Dave and Debbie speak with Professor of Economics at BYU Christian Vom Lehn.
See omnystudio.com/listener for privacy information.
By Debbie Dujanovic and Dave Noriega4.1
4040 ratings
The inflation reduction act has turned 1 year old today... Inflation is costing Americans an additional $709 a month... for the exact same stuff they could buy two years ago. After months and months of inflation coming back down to earth... it slightly increased in July by 0.2%. Inflation is now at 3.2%... it's down from it's 40 year high of nearly 10%... but it still falls short of the goal. Dave and Debbie speak with Professor of Economics at BYU Christian Vom Lehn.
See omnystudio.com/listener for privacy information.