Core Inflation Jumped A 40-Year Record 6.4% In February
Core inflation in the U.S. soared by 6.4% in February from a year ago amid food and gas heavy increases. It is the highest increase of this since January 1982, and the outlook is inflation will likely continue to grow in the coming months. Inflation DriversQ4 2021 hedge fund letters, conferences and more The inflation issues are bound to get worse as the Russia-Ukraine war rages in Europe and global oil and commodity markets are seeing significant price increases —also, consumer demand bounced back from pandemic lows. Amid the core inflation jump, consumption decelerated and people increased s...