Inflation Is Cooling, But Is A Recession Still Brewing?

After months of inflation made everyday life a struggle for many families, Americans are finally experiencing some relief. With the latest Consumer Price Index data showing that inflation has fallen to 6.5% — compared to 7.1% last month and nearly 9% last summer — many families in the U.S. can relax as prices at the grocery store and gas pump ease a bit. Though there have been months of consistent progress, the Federal Reserve is aiming to lower the inflation rate to 2%, meaning Americans can likely expect more interest rate hikes until the Fed believes they’ve “finally beaten inflation.” On the Rundown, Strategic Wealth Partners CEO Mark Tepper joins to discuss why the inflation rate does not reflect the health of the entire economy, the probability of a recession hitting the US despite inflation cooling off, and what “sticky inflation” is and why it’s important Americans pay attention to it.

During the early days of the Covid-19 pandemic, many Americans mourned as family members succumbed to the infectious virus. FOX News Senior Meteorologist Janice Dean experienced this tragic loss as well. After the deaths of her husband’s parents at senior care facilities when infected with Covid, Janice made her voice heard and demanded accountability from former New York Governor Andrew Cuomo concerning his Covid policies. Now, she has a book that tells the stories of other people who fought back even when the odds were against them. She joins the Rundown to discuss how she felt empowered to stand up to injustice, and other stories of everyday heroes in her book, “I Am The Storm.”