Axios Alerts: Inflation rises 8.6%, the fastest pace in over 40 years

Alerts   Courtenay Brown    Inflation rises 8.6%, the fastest pace in over 40 years Why it matters: Hot inflation remains a challenge for the Biden administration and the Federal Reserve as they deal with price shocks not seen since the 1980s that are squeezing consumers and souring their view of the economy.   Download the Axios App Follow Axios on Social Media Contact Axios, 3100 Clarendon B‌lvd, Arlington VA 22201   You received this email because you signed up for news alerts from Axios. Change your preferences or unsubscribe here.