Consumer prices soared to new highs in December according the the lasted report from the US Bureau of Labor Statistics.
According to the report, the consumer price index (CPI) rose 7% over the last 12 months.
This is the largest increase in the CPI since 1982.
The news led to a rally in gold prices for the third consecutive trading session.
[READ NEXT: Fox News has it’s new star]
About Post Author
