Sen. Elizabeth Warren, ranking member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, said prices have risen 5.9% since December 2024, costing families an average of USD 3,772, as September data showed higher gas and housing costs, increased core inflation and real wages failing to keep pace with inflation for six consecutive months.
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member Warren says inflation is raising household costs as wages lag
Senate Banking Committee ranking member Elizabeth Warren said prices have risen 5.9% since December 2024, costing families an average of USD 3,772, while real wages have lagged inflation for six consecutive months.