Inflation is now at 7%, the highest in 40 years, and will stay until 2024 – Steve Hanke
Headline CPI climbed to 7% in December 2021, the highest level since 1982, according to data released Wednesday by the U.S. Bureau of Labor Statistics. Steve Hanke, professor of applied economics at Johns Hopkins University told David Lin, anchor for Kitco News, that inflation will likely remain elevated until 2024, after which the Federal Reserve […]