U.S. inflation reached 9.1% in June, its highest rate in nearly 41 years
As inflation climbs in the U.S., rising food and energy costs have pushed the nation’s most popular price index to its highest level in four decades. WSJ’s Gwynn Guilford explains how the consumer-price index works and what it can tell you about inflation. Illustration: Jacob Reynoldsaccelerated to 9.1% in June, a pace not seen in more than four decades, adding pressure on the Federal Reserve to act more aggressively to slow rapid price increases throughout the economy.
The consumer-price index’s advance for the 12 months ended in June was the fastest pace since November 1981, the
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