The Republican National Committee has compiled a detailed and damning report with a telling, dramatic title: 'Biden's Tax-And-Spend Agenda Has Triggered The Worst Inflation Crisis In Decades And Sent Interest Rates Soaring.'
Cash is fanned out from a wallet in North Andover, Mass., on June 15, 2018 — and still serves as a reminder that inflation is a regular financial factor in the lives of many Americans. raised interest rates 11 times to combat a 40-year high in inflation. Despite hopes that interest rates would fall this year, thehas indicated that it doesn’t plan to cut rates anytime soon as inflation persists well above the two percent target,” the research said.
It also covered the perils of credit card debt and student loans. Find the report at gop.com/articles/ along with some other intriguing findings.Mom is still on our minds and hearts. Mother’s Day spending is expected to reach $33.5 billion this year, according to the National Retail Federation and Prosper Insights & Analytics. Their research also revealed that 84% of U.S. adults are expected to celebrate the holiday.
Honoring mom — along with grandmas, aunts and other kind ladies — is also good for the economy, by the way. Consumers will spend a total of $7 billion on jewelry, $5.9 billion on special outings and $3.5 billion on electronics. In addition, total spending on flowers is expected to reach $3.2 billion, while total spending on greeting cards is expected to reach $1.1 billion this year.
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