Millennials are to blame for sky-high inflation, strategist says

Econ & Housing

Soaring inflation is putting markets on edge and triggering fears of recession. The latest consumer price index this week revealed a searing 9.1% increase year-on-year in June, prompting Treasury Secretary Janet Yellen to say that inflation in the U.S. is “unacceptably high.”The causes behind the steep jumps include high commodity and energy prices triggered by…

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