Fox Host Sounds Alarm on Inflation, Predicts Dire Consequences

On Wednesday, Taylor Riggs, host of Fox Business, voiced serious concerns regarding the latest inflation statistics.

“I’m really, really not happy about this inflation report,” Riggs stated during “The Big Money Show,” following the Bureau of Labor Statistics’ announcement that the producer price index had increased by 0.7% in February, significantly higher than the expected 0.3%.

While acknowledging that this is merely one data point, Riggs expressed skepticism about the overall trend. “We try to look at two or three-month trends, but this does not look good to me,” she remarked. “I don’t like sitting here after everything we’re talking about and saying, ‘Oh well, OK, but it’s just one month,’ because unfortunately March is guaranteed, 95% chance, to get worse than what we saw.”

The rising costs of essentials such as food, alcohol, and fuel are undermining previous promises made by President Donald Trump to lower prices. Additionally, surging oil prices, which have escalated since Trump initiated his conflict with Iran, are contributing to the overall inflationary pressure.

“I just don’t like it,” Riggs reiterated regarding the inflation news. “Fresh and dried vegetables were up 49%. So, there’s something going on. Maybe it is a one-off that we could debate, but I don’t like the trend, and I don’t like that we’re going to sit here and think March isn’t going to get worse.”

For further insights, viewers can tune in from the 4-minute mark here: