'WRONG DIRECTION': Prices Stay High as Inflation Accelerates More Than Expected [WATCH]

posted by Hannity Staff - 4.10.24

Even CNN having trouble running cover for the Biden economy…

According to a Labor Department report released on Wednesday, inflation accelerated for the third straight month, with prices for everyday items remaining stubbornly high.

From Fox Business:

The consumer price index, a broad measure of the price of everyday goods including gasoline, groceries and rent, rose 0.4% in March from the previous month. Prices climbed 3.5% from the same time last year, above the 3.2% figure recorded in February.

Both of those figures came in higher than the 0.3% monthly increase and 3.2% headline gain forecast by LSEG economists.

Other parts of the report also pointed to stubborn price pressures within the economy. Core prices, which exclude the more volatile measurements of food and energy, climbed 0.4%, as it did in January and February, for an annual gain of 3.8%. Those figures are also higher than estimates.

CNN reacted to the Labor Department report, saying “Inflation is headed in the wrong direction.”

“That is hotter than what we were expecting and hotter than what we saw the month prior.”

Watch the clips below:


Thank you for visiting You are about to leave and proceed to a site owned and operated by a third party. has no control over the content of this third-party site.
Click OK to proceed.
You may if you would no longer like to receive a newsletter.
You have been successfully unsubscribed!
Please see our Terms of Use and Privacy Notice .
If you have any questions or concerns please contact us.