US Inflation Quickens to 40-Year High, Pressuring Fed and Biden

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US Inflation Quickens to 40-Year High, Pressuring Fed and Biden

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11-06-2022, 06:50 AM

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US Inflation Quickens to 40-Year High, Pressuring Fed and Biden

An honorable member of the Coffee Shop Has Just Posted the Following:

US Inflation Quickens to 40-Year High, Pressuring Fed and Biden

By
Olivia Rockeman
June 10, 2022, 8:33 PM GMT+8Updated onJune 10, 2022, 10:19 PM GMT+8

Consumer price index rose 8.6% in May annually, 1% from April
Shelter, food and gas were biggest contributors to advance

The consumer price index increased 8.6% from a year earlier in a broad-based advance, Labor Department...

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