11-12-2021, 10:27 AM
(10-12-2021, 10:21 PM)Galilo_l Wrote: US inflation jumps 6.8% in Nov — fastest rate in 39 yrs
Been 5% and more since May 2021, which is 2.5 times FED's intended inflation rate of 2%.
That's why FED is under pressure to act even if inflation stays at 6%. If you look at the chart below, you can see that inflation is still CLIMBING.
![[Image: united-states-inflation-cpi.png?s=cpi+yo...6V20200908]](https://d3fy651gv2fhd3.cloudfront.net/charts/united-states-inflation-cpi.png?s=cpi+yoy&v=202112101416V20200908)