US Inflation Rose to Nearly 4-Decade High of 7% in December

Name: US Inflation Rose to Nearly 4-Decade High of 7% in December
Uploaded: 2022-01-13T02:53:19Z
Duration: 1 min 108 s
Description: The U.S. Labor Department’s consumer price index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7%, hitting predictions made by economists. This marks the highest increase since June 1982 and topping November’s 6.8% increase. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Jan 13, 2022

The U.S. Labor Department’s consumer price index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7%, hitting predictions made by economists.

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