On Tuesday, May 31, 2022, United States President Joe Biden and the Chair of the Federal Reserve Jerome Powell met regarding concerns over record inflation rates. Biden made it clear that Powell and the Federal Reserve are completely focused on solving the inflation crisis while also acknowledging that he will not interfere with the Fed’s work.
Biden Will Not Interfere As He Allows Powell, Fed To Handle Inflation
5/31/2022
AD_SHOULD_BE_HERE
Biden says Powell and Fed has laser focus in inflation, and won’t interfere.
— unusual_whales (@unusual_whales) May 31, 2022
According to the U.S. Bureau of Labor Statistics, March’s annual inflation rate of 8.5% reached a 40-year high. April’s has ever so slightly decreased to 8.3% while May’s is scheduled to release on June 10, 2022.
One of the primary ways inflation is hurting consumers is through the rising gas prices rippling throughout the United States. Gas prices are reported to have hit yet another average record high at $4.622, marking a 52% increase from this time last year.
AD_SHOULD_BE_HERE
US gas prices hit another record average high today at $4.622, a 52% jump from a year ago.
— unusual_whales (@unusual_whales) May 31, 2022
Inflation remains a primary concern for Americans as a survey by the BMO Real Financial Progress Index revealed that 25% of Americans believe that they will have to delay their retirement to account for the cost of living increase.
One-quarter of Americans will have to delay their retirement due to inflation, according to the BMO Real Financial Progress Index survey.
AD_SHOULD_BE_HERE
— unusual_whales (@unusual_whales) May 31, 2022
By clicking here, you can see the alternative date that Unusual Whales provides including inflation rates and reverse repos.
Trump: I want no more property taxes across the United States
7/4/2025 10:14 PMTrump's "Big, Beautiful" has $1.1 trillion in health cuts and 11.8 million losing care
7/3/2025 7:31 PMTrump’s Big, Beautiful bill passes the House
7/3/2025 7:27 PMGas prices haven’t been this low for the Fourth of July since 2021
7/3/2025 4:32 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.