U.S. inflation rate in August stands at 8.3%, Peter Schiff says “the days of sub-2% inflation are over”

On September 13, the U.S. Bureau of Labor Statistics reported that the nation’s consumer price index (CPI) inflation jumped 8.3 percent in August. The reduction was less than expected and market analysts believe the Federal Reserve will continue its aggressive rate hikes going forward. U.S. consumer prices rose 8.3 percent at an annual rate, according […]