Name: Putin Price Hike
Uploaded: 2022-04-12T10:02:29+00:00
Duration: 33 min 16 s
Description: @VideoMattPresents talks about the trending hashtag on twitter "Putin Price Hike" The Biden administration is bracing for the Labor Department’s consumer price index report to show that inflation is

2 years ago

@VideoMattPresents talks about the trending hashtag on twitter "Putin Price Hike"

The Biden administration is bracing for the Labor Department’s consumer price index report to show that inflation is “extraordinarily elevated.”

The consumer price index, or CPI, is one of Wall Street’s favorite ways to measure inflation. The CPI reading for March 2022 is due out Tuesday morning.

“We expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” said White House press secretary Jen Psaki.

WASHINGTON — The Biden administration is bracing for Tuesday’s key consumer inflation report to show that the prices Americans pay soared in March, as Russia’s assault on Ukraine caused energy prices to jump.

Time Stamp Chapters
Chapter. 1 - Psaki warned Monday “extraordinarily elevated” monthly inflation data [1:55]
Chapter. 2 - Putin Price Hike Memes [8:00]
Chapter. 3 - Jen Psaki Might Join MSNBC? [18:00]
Chapter. 4 - Kamala Harris Staff Leaving [19:26]
Chapter. 5 - Shanghai's Lockdown Man Loses Mind [22:55]
Chapter. 6 - Kristen Scholer Money Moves [27:56]
Chapter. 7 - Mr. Incompetent and his friends [30:10]

White House press secretary Jen Psaki said Monday that the Labor Department’s previous report — which showed prices rising at a dramatic rate in February — failed to include the majority of the jump in oil and gas costs caused by the Kremlin’s unprovoked invasion.

“We expect March CPI headline inflation to be extraordinarily elevated due to Putin’s price hike,” Psaki told reporters.

The February reading showed the benchmark index rose 7.9% over the last 12 months, the highest level since 1982.
https://www.cnbc.com/2022/04/11/inflation-data-white-house-expects-big-price-hikes-in-march-cpi-report.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter

White House Press Secretary Jen Psaki in Talks to Join MSNBC
https://www.hollywoodreporter.com/tv/tv-news/jen-psaki-leaves-white-house-joins-msnbc-1235123512/

Kamala Harris’ deputy chief of staff the latest aide to depart veep’s office
https://nypost.com/2022/04/04/kamala-harris-deputy-chief-of-staff-the-latest-aide-to-depart-veeps-office/

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