US Inflation Reached a New 40-year High in June of 9.1%

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Surging prices for gas, food, and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike by the Federal Reserve, with higher borrowing costs to follow.

from CBNNews.com https://ift.tt/nKsA9xc

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