[Data: U.S. CPI Inflation Exceeds Fed's 2% Target for 67 Consecutive Months, Dollar Value Drops 22.5% During the Period] BlockBeats reports that as of October 14, U.S. CPI inflation has exceeded the Federal Reserve's 2% target for 67 consecutive months. The last time inflation was below 2% was in January 2021, during the global economic lockdown. During this period, the value of the U.S. dollar has dropped by 22.5%. In other words, it now costs $129 to purchase goods and services that cost $100 in 2021. Compound inflation has become the new normal in the United States. [Original Link]