US consumer prices surge 9.1%, a new 40-year high

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  by Heather SCOTT Agence France Presse US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on President Joe Biden, whose approval ratings have taken a battering from the relentless rise in prices. Government data released Wednesday showed a sharp, faster-than-expected increase in the consumer price index compared to May driven by significant increases in gasoline prices. The 9.1 percent CPI spike over the past […]