Inflation Spiked Another 7% In December—Hitting New 39-Year High As Fed’s Price Concerns Rattle Markets

France Nouvelles Nouvelles

Inflation Spiked Another 7% In December—Hitting New 39-Year High As Fed’s Price Concerns Rattle Markets
France Dernières Nouvelles,France Actualités
  • 📰 Forbes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

The decades-high inflation figure comes one day after Federal Reserve Chair Jerome Powell testified before Congress that the central bank will clamp down on stimulus measures to prevent higher inflation

released Wednesday by the Labor Department, ticking up only slightly after a massive surge in recent months but still marking the highest reading in nearly 40 years.... [+]© 2022 Bloomberg Finance LPOverall prices rose 0.5% from November—higher than the 0.4% economists were expecting, but down from the previous month’s increase of 0.8%.

The overall increase was the result of broad gains across most consumer goods and services, the government said, pointing to rising prices for shelter, food and used cars as some of the largest contributors.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Forbes /  🏆 394. in US

France Dernières Nouvelles, France Actualités



Render Time: 2025-04-02 23:19:59