US consumer prices rise at fastest rate in nearly 40 years

US consumer prices rise at fastest rate in nearly 40 years
Inflation jumped 7% in December, piling pressure on the US central bank to raise interest rates.
Prices in the US are rising at their fastest rate in almost 40 years, with inflation up 7% year-on-year in December. Strong demand and scarce supply for key items such as cars are driving the increa… [+4166 chars] Read More



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