After months of various Democrats insisting inflation has peaked, House Speaker Nancy Pelosi (D-CA) said that Wednesday’s Consumer Price Index, which skyrocketed to 9.1 percent in June, was probably the real peak.
Pelosi told reporters on Wednesday, “I think we’re peaking. I think we’re going to be going down from here.”
The June CPI numbers recorded an annual rate of 9.1 percent, which was higher than the 8.8 percent expected by analysts. Americans have been hit by the rising prices of everyday necessities like food, gasoline, housing, transportation, and utilities.
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