Inflation jumps 7 percent, the biggest increase since 1982, as Americans increase spending

Prices paid by U.S. consumer jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, gas, rent and other necessities are heightening the financial pressures on America’s households.

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Economy, Federal reserve, inflation, recession, wage gains PBS NewsHour – Nation

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