After a week of incredibly high inflation numbers, the Biden administration is urging Americans not to worry about the rising prices of goods and services.
The Department of Labor released data on the consumer price index and the producer price index, two major markers of inflation that showed the highest inflation in years. “The all items index rose 6.2 percent for the 12 months ending October, the largest 12-month increase since the period ending November 1990,” the Bureau of Labor Statistics said. “The index for all items less food and energy rose 4.6 percent over the last 12 months, the […]
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