(CNBC) If the consensus is correct, the last time inflation was this high was in the early years of the Reagan administration – as the U.S. found itself amid a steep and persistent recession. The Labor Department on Friday morning will release November’s consumer price index, a gauge that measures the cost of dozens of items.
Investors brace for the highest inflation reading in nearly 40 years
This entry was posted in Syndicated. Bookmark the permalink.
