WASHINGTON — Another month, another four-decade high for inflation. For the 12 months that ended in March, consumer prices rocketed 8.5%. That was the fastest year-over-year jump since 1981, far surpassing February’s mark of 7.9%, itself a 40-year high. Even if you toss out food and energy prices — which are notoriously volatile and have […]
Robyn Beck | dpa | Getty Images Surging inflation has Americans reconsidering how they spend their money. The Consumer Price Index, which measures a wide-ranging basket of goods and services, jumped 7.9% in February from 12 months prior. Prices are going up on everything from the food you put on the table to the gas […]
Vera_Petrunina | iStock | Getty Images A big question on the minds of both Wall Street and C-suites across corporate America is the strength of the consumer, namely, how long can it last? At some point, consumers will begin to balk at higher prices brought on by demand shocks, supply chain disruptions and surging energy […]
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