The latest poll from the National Republican Congressional Committee (NRCC) of 77 battleground congressional districts across the country showed that the Democrats face headwinds with voters as they are being held responsible for record-high inflation, skyrocketing gas prices, and out-of-control spending.
Bloomberg News published an article providing tips on how Americans can combat inflation, one being to allow pets to pass instead of paying for costly medical treatments.
Investors expect the Federal Reserve to move much more aggressively with hiking interest rates in the coming months as inflation rises to multidecade highs.
Obviously, the war in Ukraine is a tragedy of monumental proportions. Over three million Ukrainians have fled their country in the aftermath of Russia’s invasion. While brave Ukrainians have put up a very stout defense of their nation, the Russians have been able to take control of some areas and are killing innocent civilians.
The Bank of England has warned that inflation could hit 8 per cent by as early as next month in Britain as it raised interest rates to pre-pandemic levels on Thursday.
