Download
Soaring inflation takes the U.S. back to 1982
Owen Fairclough
01:54

U.S. inflation has hit the highest level for 40 years. New government figures showed prices in December rose seven percent on an annual basis. This increases the pressure on the central bank to try to rein in the price surge by raising interest rates. CGTN's Owen Fairclough reports.

Check out The China Report, our new weekly newsletter. Subscribe here!

Search Trends