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Extreme Inflation Doesn’t Seem To Be Over Anytime Soon

The U.S. grew steadily through early April, a Federal Reserve survey found, but high inflation showed little sign of relenting in “the coming months” and clouded the outlook for the economy. The regular Fed survey, known as the Beige Book, found little evidence inflation is set to turn sharply lower. Businesses have been forced to …

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US inflation has jumped over 8.5% , highest ever since 1981

Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received Source: New York Times Inflation soared over the past year at its fastest pace in more than …

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