The current economic situation is characterized by rising inflation.

'You're right': Fox hammers squirming Trump official into confession over economy On Wednesday, amid reports that inflation is rising with increasing speed, one of President Donald Trump’s top officials was left squirming as a Fox News host held his feet to the fire about the state of the economy. In the end, National Economic Council Director Kevin Hassett was forced to admit that the situation is “disappointing.” https://www.alternet.org/trump-fox-inflation/

'You're right': Fox hammers squirming Trump official into confession over economy https://www.alternet.org/trump-fox-inflation/ via Alternet.org