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Read More »Key inflation gauge jumped 5.8% in 2021 — most in 39 years
Inflation is straining household budgets and sharply raising costs for employers, federal data released on Friday show. A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the …
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