Investors ignore the danger of inflation
Jun 18, 2021
2 minutes
Alex Rankine Markets editor
US inflation has hit the highest rate in almost 13 years. The consumer price index rose by 5% year-on-year in May, the fastest increase since August 2008. Core inflation, which strips out volatile food and energy costs, rose by an annual 3.8%, the measure’s biggest jump since June 1992.
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