Title : "Prices climbed 8.5% in March, compared to last year, amid growing fears of economic slowdown."
link : "Prices climbed 8.5% in March, compared to last year, amid growing fears of economic slowdown."
"Prices climbed 8.5% in March, compared to last year, amid growing fears of economic slowdown."
Just a few months ago, officials at the White House and Federal Reserve hoped that inflation was starting to tick down month by month. But those projections were quickly dashed by Russia’s invasion, covid shutdowns at major Chinese manufacturing hubs, and the bleak reality that inflation continues to spread through every crevice of the economy.
“One cannot escape it, even if one wanted to,” said Joe Brusuelas, chief economist at RSM. “This is going to continue for a while.”
Just a few months ago, officials at the White House and Federal Reserve hoped that inflation was starting to tick down month by month. But those projections were quickly dashed by Russia’s invasion, covid shutdowns at major Chinese manufacturing hubs, and the bleak reality that inflation continues to spread through every crevice of the economy.
“One cannot escape it, even if one wanted to,” said Joe Brusuelas, chief economist at RSM. “This is going to continue for a while.”
Thus articles "Prices climbed 8.5% in March, compared to last year, amid growing fears of economic slowdown."
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