The Graphic Truth: US inflation skyrockets

The Graphic Truth: US inflation skyrockets
Paige Fusco

US monthly inflation soared in June to 9.1%, hitting another 40-year high. The figure puts even more pressure on the Federal Reserve to jack up interest rates in a bid to curb rising prices, ideally without triggering a recession (good luck!). We take a look at what economists refer to as “headline” US inflation rates and compare them to “core” inflation — without food and energy — since the pandemic began, setting in motion a chain of events that led us to today's surging prices.

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