Inflation Rises Again To 40-Year High—But Gas Prices May Help Drive That Down Soon

Topline Inflation is at its highest level since November 1981, according to data released by the Labor Department Wednesday, with consumer prices rising 9.1% from June 2021 to June 2022 and 1.1% from May to June, but rapidly declining gas prices may provide a reason for inflation optimism moving forward. Key Facts Gas prices were…

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