By Okware Emmanuel
The U.S. Inflation Rate averaged just 1.5% from the end of 2008 to the end of 2020, rising to 7.2% at the end of 2021, and hitting a record high of 9.1% in June 2022. It has since then fallen to 3.4% in December 2023 and even further by the end of 2024 to 2.9%. The U.S inflation currently stands at 2.7% for June 2025, up from 2.3% and 2.4% in April and May, respectively. Despite the decline, the U.S. Inflation Rate remains above the appropriate 2% FED target.
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