A few days ago, the United States Bureau of Labor Statistics released their numbers for the Consumer Price Index – Or in other words, the inflation rate. The report observed that the annual inflation rate in the U.S accelerated to 6.8% in the month of November 2021 – The highest since the June of 1982. This also marks the ninth consecutive month inflation has stayed above the Federal Reserve’s 2% target.
Now, it must be noted that this comes amid a global rally in commodity prices, rising demand,
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