Rising Cost of Living Stresses Fed Reserve #shorts

Rising Cost of Living Stresses Fed Reserve #shorts

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#inflation #biden #economy #news #politics #senate #congress #svb #banks

Townhall reports, the CPI measures changes in prices paid by consumers for a basket of goods and services, including food, housing, apparel, transportation, medical care, recreation and education. The index rose 0.4 percent in February from January 2021, which is double what economists had predicted. This marks the fifth consecutive month of increases in inflation as the economy continues to recover from the pandemic-induced recession.

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