The total public debt of the United States has reached a record high of $30.012 trillion.
The United States reached this high level of public debt for the first time in its history.
According to the New York Times, the records were reached several years earlier than expected due to the high costs of fighting the epidemic. So, about $5 trillion has been spent on unemployment benefits, small business support, and stimulus payments.
Over the past year, core inflation in the US, excluding food and energy prices, was 5.5%.
Food prices rose by 6.3%, while energy products themselves added almost a third (+29.3%) to the price.
The Fed has said many times recently that it is concerned about rising inflation in the US.
