US inflation soars 5% to highest since 2008

FRANCE 24 English published this video item, entitled “US inflation soars 5% to highest since 2008” – below is their description.

Consumer prices have soared 5% in the US, compared to a year earlier, as demand for goods and services soared. If high levels of inflation persist, the US Federal Reserve could be forced to adjust monetary policy. Also in the show – French restaurant owners weigh a settlement offer from insurance giant AXA in a case related to pandemic claims, and UN new report says child labour is on the rise for the first time in two decades. 

FRANCE 24 English YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

Recent from FRANCE 24 English:

Private video

Ivorian president ouattara pardons predecessor gbagbo to boost ‘social cohesion’ • france 24 2

Ivorian President Ouattara pardons predecessor Gbagbo to boost ‘social cohesion’ • FRANCE 24

Israel kills second Islamic Jihad leader, Gaza death toll mounts • FRANCE 24 English

In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

6 Recent Items: France

Does it matter how young or old our politicians are?

Impact inflation, living costs have on birth rates and Canadians on parental leave

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Tempers FLARE: SLY France ‘could SOLVE illegal immigration in a heartbeat’

Uganda, Gaza, Syria, Red Sea, & other topics – Daily Briefing (18 January 2024) | United Nations

Israel-Gaza: Aid package delivered to people in Gaza | BBC News

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Red Sea tension upsets Yemeni fishermen’s livelihood

Impact inflation, living costs have on birth rates and Canadians on parental leave

Davos 2024: Biggest Takeaways From the World Economic Forum

Fed rate cuts: Labor data will make ‘last mile less difficult’: Economist

Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.