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highest inflation

Inflation in 2021 hit 7%, highest since 1982

Consumer prices rose faster in 2021 than they had in any 12-month period since 1982, according to December numbers released Wednesday that showed the inflationary surge continued at the end of the year.The Consumer Price Index rose 0.5% in December and 7% for the full year. Even excluding volatile energy and food, those numbers were…

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Biden inflation

Biden inflation excuses

Biden called for antitrust action against business to fight inflation. REUTERS Libertarian: Biden’s Bogus Anti-Inflation Drive Team Biden’s “call for antitrust action against business” to fight rising prices is “rich coming from officials who are largely at fault for inflation as well as for the industrial concentration they criticize,” explains Reason’s J.D. Tuccille. For example,…

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inflation Investors

Investors fear inflation most in 2022 and see lower stock market returns, CNBC survey shows

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, December 17, 2021.Andrew Kelly | Reuters(Click here to subscribe to the new Delivering Alpha newsletter.)Wall Street investors believe inflation will remain a major roadblock for the markets in 2022 and stocks will only see muted returns, according to the new CNBC Delivering Alpha investor…

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inflation Squeezing

How inflation is squeezing working American families at Christmas

BROWNSVILLE, Pennsylvania — Just before 10 a.m., cars begin pulling into the parking lot of the Country Thrift Market, a sprawling former grocery store 40 miles from Pittsburgh. Normally, folks in the area shop for gently-used clothing, toys and deeply discounted home goods here. But today is different because Santa Claus is on site along…

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fears inflation

Inflation fears rise… but what’s the exact point at which shoppers will consider a product to be too expensive?

Over 1,000 US and UK consumers answered a series of questions designed to reveal just how price-sensitive they really are. As many as 94% of participants said they had noticed their food shopping bills going up in the previous three months, with 79% stating they believed supply chain problems such as driver shortages were to…

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comes inflation

When It Comes to Inflation, Biden Admin Can’t Do the Math

Inflation is getting worse, yet the best President Joe Biden can do is to claim that the answer is passing his vast social-spending bill to dump more cash on the country — the ver

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inflation rises

Inflation rises at fastest rate since 1982

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inflation surging

Surging inflation pressure curbs growth in UK services firms: PMI

People walk across Millennium Bridge with the City of London financial district seen behind, amid the coronavirus disease (COVID-19) pandemic, in London, Britain, January 20, 2021. REUTERS/Hannah McKay/File PhotoRegister now for FREE unlimited access to reuters.comLONDON, Dec 3 (Reuters) – The strongest inflation pressures in at least 23 years crimped the recovery of British services…

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inflation prices

Jobs, inflation, home prices and more: See the latest economic data

CNN Business tracks key economic indicators to provide a comprehensive, up-to-date picture of the US Economy. Data on this dashboard is refreshed automatically…

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fears inflation

IBM CEO says inflation fears could trigger ‘some chaos’

IBM CEO Arvind KrishnaSource: CNBCIBM CEO Arvind Krishna has told CNBC he’s “always worried” about inflation and warned of possible disruption ahead. “With all of the liquidity, and the fears of inflation raising its head, that can cause some chaos,” Krishna told CNBC Monday after he was asked what keeps him up at night.The leader…