President Biden said that inflation will increase under a Republican-controlled Congress, despite record-high inflation numbers under his administration.
Fox News White House correspondent Jacqui Heinrich has more on the economy and the U.S. energy crisis on 'Special Report.'during a speech in California that prices and inflation will go up if Republicans take control of Congress after November's midterm elections.on Friday and warned Americans that inflation, along with prices in general, would increase if Republicans take control of Congress.
The figure was above the forecasted 0.2% projected monthly increase forecast from Refinitiv economists.Prices for groceries increased by 0.7% in September, and 13% within the past 12 months. President Joe Biden waves before boarding Air Force One for a trip to Florida to visit areas impacted by Hurricane Ian, Wednesday, Oct. 5, 2022, at Andrews Air Force Base, Md.
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