[Bigiron]

Energy and food drive US inflation to highest for 40 years

Prices in the US rose faster than expected last month, as rising energy and food costs pushed inflation to the highest rate since 1981.

The annual inflation rate rose to 8.6% in May, the Labor Department said, after easing in April.

The rising cost of living has been squeezing households and putting pressure on policymakers to bring the issue under control.

The US central bank has been raising interest rates since March.

Analysts had hoped that the moves were starting to work to cool economic activity, easing the price pressures. But the conflict between Russia and Ukraine, which has driven up the price of oil and commodities like wheat as it disrupts exports from the two countries, has made tackling the problem more difficult.


https://www.bbc.com/news/business-61762131

[RiseofAsia]

Extreme rate hike on the card.
Now only reduce total 10% of printed $$$.
You think so easy to fight inflation monster.
China will not help them this time.

Set the trap, ownself jump in and then also pull the whole world, countries using USD joining them as well.

[singlon]

This is troubling for
US corp Dola needs to close the final Dola loop with Saudi King and then Isreal as behind the curtained Banskters
we need to 'season' Germany with no gas and no diesel to transport to supermarket while prolonging war with Putin.
goodness Putin laughing

while we burn the midnight oil:
Putin is Russian no he not
he j e w-ed
correct Putin is Russian

[singlon]

TU-ed

[FangFang]

This virus is growing fast and impact the world.

[WhatDoYouThink?]

the consequence of electing useless and evil leaders. ass marry cunt, that's what they get loh