This year in 2022 has witnessed a level of inflation unseen in the United States for over 40 years.
In July, the US consumer price index (CPI) rose by 8.5% year on year, the clearest manifestation of the sharp rise in the cost of living across the board.
Inflation means the sustained and broad rise in the prices of goods and services over time. The Consumer Price Index (CPI), a monthly measure by the Bureau of Labor Statistics (BLS), is the best-...

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