Inflation Reaches New Record
This isn\'t good.
Inflation in the U.S. has reached a new record. Prices are continuing to soar with many economists stating that it may not fall for a good amount of time.
Annual inflation is reaching the highest it has been in a while. It has recently hit a new 31 year high with food and energy prices rising as much as 4%. The U.S. Treasury stated that they only expected inflation to only rise by 2%.
This new inflation has shocked many Americans as prices continue to soar across the country.