U.S. Inflation Reaches New Post-Pandemic High in February

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U.S. Inflation Reaches New Post-Pandemic High in February

Consumer prices continued to heat up in February, jumping 0.8% month-on-month (m/m). That marks an acceleration from the prior two months’ pace. That drove the year-on-year (y/y) pace of inflation to 7.9%, the fastest pace in over 40 years. Not surprising to anyone who has filled up their tank this winter, the 6.6% m/m jump […]

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