Last month, inflation in the US hit its highest level in over 40 years, with a 7% increase over the previous year. This is driving up household costs, eroding wage growth, and putting pressure on President Joe Biden and the Federal Reserve to confront what has become the largest threat to the US economy.

US inflation hits 39-year high as consumer prices jump 7%

price-hike-in-us

Price Hike In Us, News on Price Hike In Us, stories on Price Hike In Us, articles on Price Hike In Us, Price Hike In Us stories at Wion, Price Hike In Us news, Price Hike In Us latest news

price hike-in-us

US inflation hits 39-year high as consumer prices jump 7%