CPI Inflation Hits 40-Year High, But Even That Number May Be Too Low

Inflation for December in the U.S. hit a 7% annual increase, but there’s plenty of evidence that housing costs rising as much as 20% aren’t yet being captured in the CPI numbers.
Inflation for December in the U.S. hit a 7% annual increase, but there’s plenty of evidence that housing costs rising as much as 20% aren’t yet being captured in the CPI numbers.