U.S. Inflation Likely to Get Worse, Dealing Challenge to Fed and Biden

Bloomberg) — After U.S. prices climbed by the most in three decades, there’s even worse news ahead for households and policy makers: Inflation likely has further to rise before it peaks.  October’s annual rate was 6.2%, the highest since 1990, as price increases spread well beyond the parts of the economy most disrupted by pandemic closures…
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