The 99 percent has watched gas prices follow a perpetual climb that has left consumers wallowing at the pump. By the beginning of April, the national average was $3.92. Though it’s since fallen about 18 cents for most regions, the west coast is still staring at billboards offering $4.37 a gallon. Fuel isn’t the only cost crippling middle-class Americans. While the consumer price index (CPI) may be relatively unchanged on a seasonally adjusted basis, the Wall Street Journal says core inflation is rising – and the Federal Reserve can’t ignore that for long.
RSS Feed