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The Conversation USA

Soaring energy costs fuel fastest inflation in 40 years: 3 essential reads

  • Written by Bryan Keogh, Senior Editor, Economy + Business
imageCalifornia is seeing some of the highest gas prices in the U.S.AP Photo/Jeff Chiu

Inflation continues to surge at the fastest pace since the early 1980s, placing more pressure on the Federal Reserve to lift interest rates.

The consumer price index, a broad measure of prices of goods and services in the U.S. economy, climbed 8.5% in March 2022 from...

Read more: Soaring energy costs fuel fastest inflation in 40 years: 3 essential reads

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