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At 6.4%. >> people are hurting. what we need to do is reign in government spending. i think the biden administration has increased spending by over $5 trillion in two years. obviously our national debt now at $31 trillion. >> so i asked the white house press secretary yesterday this. listen to this. >> when can americans see prices significantly decrease? >> so, look, what we have been seeing and i laid this out, we have seen inflation starting to moderate the last several months. that's important. again, the president's economic plan is indeed working. he's taken some historic steps. we know ...

And there's certain places that americans are still continuing to spend. one, restaurants up 7.2%. people still liking going out to eat, spending money there. auto sales up 6.4%. that's because there may be a lag in inventory and folks may be just getting the opportunity to spend and buy their car, but of course this is despite rising interest rates which affects car sales. also people shopping at department stores, up 17.5%. there's a couple of reasons why. good weather. believe it or not, good weather makes people want to go out and spend at restaurants, go shopping. also a strong labor mark...

Over the past year, the same amount that the cpi was up over the last year. a lot of moving parts here, and the fed could end up taking rates higher than people expect now. >> cnbc's jeff cox, thank you so much for that. today there is more and more hard evidence of what black americans have known for years, the health care system discriminates in many ways that put them at risk. one study from the national bureau of economic research found that it starts right at birth. as "the new york times" puts it, even the richest black mothers and their babies are twice as likely to die as the richest...

And "we are not going back", adding that if others did not back him they could leave. prices for olive oil, sugar and low—fat milk have surged with food costs continuing to fuel inflation in the uk. food inflation is at a 45—year high, but the rate of increase is slowing. overall uk price inflation fell for the third month in a row to 10.1% in the year to january down from 10.5% in december, meaning prices are still rising, but not as rapidly. it comes a day after the us saw its rate of inflation cool for the seventh straight month, sitting at 6.4%. though that is still above the level con...

Shopping cart you are feeling inflation every day, hotdogs, i call them hotdogs, government calls them frankfurters up 11%, eggs up 70%. wholesale egg prices have fallen in the past week and a half so i'm hoping this is rearview mirror. lettuce, a head of lettuce up 17% over the past year, coffee up 13% and butter, i mean, those little sticks of butter in front of me are like gold at the moment, up almost 30% over the past year. some of the things are feeling intractable here in family budgets, people trying to figure out how to shift around and buy other things, it's hard to switch shelter ev...