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IPFS News Link • Inflation

"Extraordinary" - US Consumer Prices Soar At Fastest In Over 40 Years

• Zero Hedge

Having warned the world to expect "extraordinarily elevated" levels of inflation due to "Putin's Price Hike", The White House is likely in shock this morning as headline CPI rose 1.2% in March (vs +1.2% MoM) which sent the headline CPI up a shocking 8.5% YoY (vs +8.4% YoY exp and +7.9% prior) - the highest since 1981.