US inflation: Highest levels in decades hit working Americans
Al Jazeera, 26 Aug 2021
As consumer prices in the United States rise at their fastest pace in 13 years, there are some signs the inflation rate may be peaking.
The Federal Reserve has indicated it wants to begin tapering off some of its stimulus measures to head off a potentially dangerous rise in consumer prices.
But that is of little comfort to many workers who finds their wallets already stretched.
Al Jazeera’s Gabriel Elizondo reports from East Brunswick, New Jersey, the US.
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#USinflation #USCOVID19 #USeconomy
The Federal Reserve has indicated it wants to begin tapering off some of its stimulus measures to head off a potentially dangerous rise in consumer prices.
But that is of little comfort to many workers who finds their wallets already stretched.
Al Jazeera’s Gabriel Elizondo reports from East Brunswick, New Jersey, the US.
- Follow us on Twitter: https://twitter.com/AJEnglish/
- Find us on Facebook: https://www.facebook.com/aljazeera/
- Check our website: https://www.aljazeera.com/
#USinflation #USCOVID19 #USeconomy
