U.S. inflation rate keeps heading higher, now up to 8.5% - CBC News

The U.S. inflation rate is soaring at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing consumers and wiping out the pay raises that many people have received.

The U.S. inflation rate is soaring at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing consumers and wiping out the pay raises that many … [+2477 chars]

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