In USA inflation has reached a 17-year high last month, fueled by high gasoline and food prices. As a reuslt it is almost sure that the Federal Reserve will keep interest rates on hold for the time being.
Consumer prices stands 5.6 percent higher last month than they were in July 2007.That was the sharpest annual increase since January 1991, as Americans paid more for clothing, food, transportation and recreational products.
Consumer prices stands 5.6 percent higher last month than they were in July 2007.That was the sharpest annual increase since January 1991, as Americans paid more for clothing, food, transportation and recreational products.
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