Inflation spikes more than expected, hits new 40-year high

• July 13, 2022
• realestatelife
• Announcements, Business & Markets, Interest Rates, Politics & Economy, Real Estate, Real Estate Finance, World News, Your Real Estate Life

Inflation accelerated to a new four-decade high in June as the price of everyday necessities remains painfully high, exacerbating a financial strain for millions of Americans and worsening a political crisis for President Biden.