. U.S. Inflation Hit 7% In December, Reaches Fastest Pace Since 1982 « JO LEE MAGAZINE

Wall Street Journal – U.S. inflation hit 7% in 2021 as pandemic-related supply and demand imbalances, along with stimulus intended to shore up the economy, put the biggest pressure on prices in nearly four decades.

The Labor Department said the consumer-price index—which measures what consumers pay for goods and services…

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