Australian shoppers look at products at a mall in Sydney on July 27, 2022. Inflation in the year through June reached 6.1 percent, a surge from 5.1 percent in first quarter, and the fastest pace since 2001. Photo: VCG
Reasons behind US’ record-high inflation in nearly 41 years:
-Expansionary monetary policy
-Sanctions against Russia pushing up food, energy prices ...
