From Housing to Food, Yet Another Uptick in US Inflation Slams Hard-Hit US Families
WASHINGTON – A new report shows persistently higher prices across America have risen yet again – a sign the Federal Reserve’s drive to slow inflation to its two percent target will likely remain a bumpy one.
Thursday’s report from The U.S. Department of Labor shows overall prices rose another 3.4 percent from a year ago.
More than half the increase in prices from November to December reflected higher housing costs. Energy costs, along with food prices, also contributed to inflation.
Read the full story from CBN’s Hilary Powell:
https://www2.cbn.com/news/us/housing-food-yet-another-uptick-us-inflation-slams-hard-hit-us-families
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