'We Basically Have an Economy That's on Fire': Inflation Hits 40-Year-High, but Can the Fed Even Stop It?

Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy.

from CBNNews.com https://ift.tt/kxL1rfZ

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