CNN CNN Newsroom With Poppy Harlow and Jim Sciutto February 10, 2022 15:02:00
Thats the most since 1982. almost 40 years ago exactly and remember, the federal reserve goal here is for 2% inflation. were nowhere near that. now, theyre having some signs of progress month to month, right, that maybe between december and january, prices would actually cool off. that didnt happen either. prices up by 0.6%. a few concrete examples of what were talking about. gasoline up 40% year over year. used cars, 40%. food and homes, 7.4%. nearly 11% for electricity. context is crucial here...
Source: archive.org