Has inflation reached a peak? Three signs that prices could soon come down
Produce for sale at a Whole Foods grocery store in Washington, DC, USA, 12 April 2022. According to the Labor Department, the US inflation rate rose to 8.5 percent in March, the highest rate in 40 years. Increasing prices for food and gas helped lead inflation numbers to a record high.
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Inflation is at a 40-year high, and Americans are feeling it.