
The Russia-Ukraine war prime reasons for US Inflation up sharply. Why prices might not ease as long as US wants the war to continue making peace talk impossible.
The overall cost of gas, food and other everyday items is increasing at its fastest rate in more than 40 years. And experts cannot say with confidence whether price increases will speed up or slow down in the coming months.
The accelerating price rate — in other words, inflation — hit 8.5 percent in March over the previous year, according to a federal report released yesterday. That was the fastest increase since 1981.