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Hour 2 –
Good Wednesday morning! Here’s what Nick Reed covers this hour:
White House press secretary Karine Jean-Pierre insisted Tuesday both that inflation was “essentially flat” and that it was OK for President Biden to host a large celebration of his Inflation Reduction Act — even though annual inflation remains elevated at 8.3%.
The Gini index, a common measure of the inequality between the lowest and highest earners in a society, rose in America for the first time in ten years, according to data from the U.S. Census Bureau.
The poorest 10% of households saw their real incomes decline