U.S. Inflation Hits 39-Year High of 7%, Sets Stage for Fed Hike

Bloomberg2022-01-12

U.S. consumer prices soared last year by the most in nearly four decades, illustrating red-hot inflation that sets the stage for the start of Federal Reserve interest-rate hikes as soon as March.The ...

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Comments

  • ttstansg99
    2022-01-13
    ttstansg99
    Will come down next month 💪🏻💪🏻
  • LifeLearner
    2022-01-13
    LifeLearner
    that is high. more tightening by Frd is expected
  • EY12
    2022-01-13
    EY12
    Hi
  • MHh
    2022-01-13
    MHh
    How to solve the supply chain problems? Otherwise, on the ground, the average man faces inflation leading to real wage reduction and bank rates increase; hard to have a loan!
  • sfleong1
    2022-01-13
    sfleong1
    Like n comment
  • PearlynCSY
    2022-01-13
    PearlynCSY
    U.S. stocks moved slightly higher Wednesday after a key inflation report showed a historic gain but largely matched expectations. US inflation rises 7% over the past year, highest since 1982. The consumer price index, an inflation gauge that measures costs across dozens of items, rose 7% in December from a year earlier, the fastest pace since June 1982.
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