Inflation in the United States has reached a 40-year high. The inflationary rise has risen twice the pace forecasted by economists. Treasurer Jim Chalmers is expected to receive a briefing from US Federal Reserve Chair Jerome Powell, which he is expected to factor into his first budget, says Sky News Political Reporter Olivia Caisley.
from Latest World News Headlines | Daily Telegraph https://ift.tt/8MxJFog
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Thursday, October 13, 2022
US hits 40 year high for inflation
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