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4.2K views · 31 reactions | FROM THE LIVE DESK Inflation surged 7% in December 2021 from year before, biggest increase since 1982. Labor Department reports food prices up 6.3%, energy prices up 29%. READ MORE -> https://thenationaldesk.com/news/americas-news-now/us-consumer-prices-soared-7-in-past-year-most-since-1982 | The National Desk - TND | Facebook
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Inflation cooled in July to a three-year low, setting up the Federal Reserve for a possible rate cut next month. While it's better than what economists expected, monthly expenses such as rent, auto insurance and electricity remain high compared to 2023. | CBS Evening News
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