U.S. consumer inflation increase in August, jobless claims surge
2:48
CBS News
U.S. consumer inflation increase in August, jobless claims surge
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
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19K views · 197 reactions | Senior director of the Agri-Food Analytics Lab at Dalhousie University Sylvain Charlebois says the inflation for food continues to outpace other rates of inflation, but may have peaked. Read more here: https://bit.ly/3IQB5Kr | CTV News | Facebook
3:47
19K views · 197 reactions | Senior director of the Agri-Food Analytics Lab at Dalhousie University Sylvain Charlebois says the inflation for food continues to outpace other rates of inflation, but may have peaked. Read more here: https://bit.ly/3IQB5Kr | CTV News | Facebook
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US inflation worsened last month; job market slows
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