A Key Inflation Gauge Sets 40-Year High As Gas And Food Soar
An inflation gauge closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans' finances. The figure reported Thursday by the Commerce Department was the largest year-over-year rise since January 1982. The Federal Reserve responded this…
No comments:
Post a Comment