Tags: Inflation

Scorching inflation hits 9.1%, highest since 1981

Consumer Price Index, year-over-year percentage change By Courtenay Brown via Axios  Inflation soared to a fresh four-decade high in June, as prices rose 9.1% from last year — 1.3% from the prior month — the government said on Wednesday. Why it matters: The price shock is tanking Americans’ view of the economy — and risks pushing the Federal Reserve into moving aggressively […]

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