Skip to main content

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

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/cXEmarG
via

Comments

Popular posts from this blog

Israeli Firefighters Join Efforts in CA Wildfire Response, Strengthening Global Alliances

A tangible sign of the U.S.-Israel friendship on display in southern California with the help of a special team of Israeli firefighters. As the Los Angeles wildfires started tearing through the city, the Israeli consulate there spearheaded an effort to bring in their experts. from CBNNews.com https://ift.tt/Ic8Xnbp via