The American price index has risen by 15 percent in two years – and everyone who has their car repaired, gets sick, pays rent or buys groceries feels it. Is Joe Biden the King of Presidential Price Gougers?
Price shock in the supermarket in Los Angeles.
At 6.4 percent the US inflation rate in January year-on-year not quite as high as last summer, but somewhat higher than expected. This may continue to put investors in a certain euphoria, which, due to the easing of inflation, will from now on be combined with a monetary policy «tamer» central bank. This only means that consumer prices are no longer rising quite as rapidly and that the purchasing power of the American dollar in the American domestic market is still dwindling significantly.
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