U.S. consumer prices post biggest annual gain in more than 39 years

U.S. consumer prices post biggest annual gain in more than 39 years

By Excelsio Media on December 10, 2021 Also in economy, United States

U.S. consumer prices rose further in November amid strong gains in the cost of food and a range of other goods, leading to the largest annual increase in more than 39 years and potentially giving the Federal Reserve ammunition to quickly wind down its bond purchases.

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