AP Business SummaryBrief at 3:15 p.m. EDT

FACT FOCUS: Is inflation a red state vs. blue state issue? It's increasing no matter how you cut it

WASHINGTON (AP) — Inflation is rising again, squeezing budgets and making essentials harder to afford. Inflation hit 3.8% in April, the highest in three years. Larry Kudlow asked Kevin Hassett about this on Fox Business. The director of the National Economic Council claimed inflation is “on a deep downward dive,” especially if blue states are excluded. However, experts say this is false. Inflation is high across all regions, driven by rising gas prices from Middle Eastern conflicts. …

Opening excerpt. Read the full story at Newsdata · Florida Government ↗