US inflation still stubbornly high despite October slowdown

BY - Akkas Molla

The price of gas in America has come down, but on the other hand, the price of everything else is increasing.

Due to which inflation is becoming a burden for the people living in America and the economy continues to grow.

The price of things has increased by 8.3% compared to last year. By removing food and energy power costs. Still it is worrying.

For this reason, the Federal Reserve Bank can increase the interest rate and accelerate the recession.

The government said on Tuesday that apart from other items, furniture and sports gear have also become expensive.

Stock prices have also come down. The S&P 500 index has also fallen, along with the bond yield.

The price of chicken has increased by 17% compared to last year. Which has increased by 40 percent as compared to last year

The price of eggs has increased by 2.9% in the month of July to August.