Inflation Numbers Worse Than Expected
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Inflation Numbers Worse Than Expected
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Instead of improving, inflation is still a major problem that threatens our economy and Americans’ livelihoods.
From CNBC. Stocks dropped on Friday morning after a highly anticipated inflation report showed a faster-than-expected rise in prices. . . .
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The May consumer price index report came in at its highest level since 1981, putting pressure on the stock market. The report showed prices rising 8.6% year over year, and 6% when excluding food and energy prices. Economists surveyed by Dow Jones were expecting year over year increases of 8.3% for the main index and 5.9% for the core index. . . .
The sell-off was broad, with nearly every member of the 30-stock Dow in the red. Apple dropped 2.9%, while Microsoft and Dow, Inc. fell more than 3%. . . .
Elsewhere, the preliminary June reading for the University of Michigan consumer sentiment index came in well below expectations.
How are you praying for the economy? Have you been affected?
(Excerpt from CNBC. Photo Credit: Canva Pro.)
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Comments
The numbers reported out of the government aren’t reflecting what people are actually experiencing. They choose to leave out essential every day items to manipulate the numbers. When gas has now more than doubled 8% isn’t any way near honesty.
I pray for myself and others who are on fixed incomes. Let us continue praying and interceding for others and our nation. Show us creative ways to make economical foods and other choice in spending. Gives us wisdom. But most of all let us not forget to pay our tithes because your Word promises provision.
“Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.”
Malachi 3:10
I chose to believe your Word.
Jude 1:17-18 But you, beloved, remember what was foretold by the apostles of our Lord Jesus Christ when they said to you, “In the last times there will be scoffers who will follow after their own ungodly desires.” These are the ones who cause divisions, who are worldly and devoid of the Spirit.
Hebrew 10:30-31 For we know Him who said, “Vengeance is Mine; I will repay,” and again, “The Lord will judge His people.” It is a fearful thing to fall into the hands of the living God.
2 Corinthians 7:11-13 Godly sorrow brings repentance that leads to salvation without regret, but worldly sorrow brings death. Consider what this godly sorrow has produced in you: what earnestness, what eagerness to clear yourselves, what indignation, what alarm, what longing, what zeal, what vindication! In every way you have proved yourselves to be innocent in this matter. So even though I wrote to you, it was not on account of the one who did wrong or the one who was harmed, but rather that your earnestness on our behalf would be made clear to you in the sight of God. On account of this, we are encouraged.
Revelation 19:13 He is dressed in a robe dipped in blood, and His name is The Word of God.
Dear Heaven Father, I pray for health. Not only economic health but health in every need in America. Your Word says in the last times there will be those who follow ungodly desires, cause division, and are devoid of the Spirit. We are here. These who cause division and are devoid of the Spirit lead our country. Please remove them Lord. Your word says it is a fearful thing to fall into the hands of the living God. But we who love You believe this is our place of safety. Keep us in Your Hands Lord. As for the ungodly, divisive, and spiritless, I ask that they feel a life altering dread, knowing they are in Your mighty hands and under Your judgement. Your word says Godly sorrow brings repentance that leads to salvation. Yes, Lord God Almighty, draw them into this position and have Your Way. I ask this in the Name of Jesus Christ, The Word of God. Amen