CNBC: Key inflation indicator fastest gain since 1991

CNBC reports the personal consumption expenditures price index, an inflation indicator that the Federal Reserve uses as its key guide, rose 3.5% in June, it’s fastest gain since 1991.  

NRCC Comment: “Democrats should focus on getting inflation under control instead of trying to spend another $3.5 trillion on their socialist agenda. Democrats’ harmful economic policies are hurting American families.” – NRCC Spokesman Mike Berg