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The debate over inflation continues as politicians point fingers, but economists say there are many reasons why prices are sky high. Natasha S. Alford breaks it down on this episode of “That’s ...
The red-hot question on inflation right now is whether 9.1% will be the peak, with the pain receding in coming months, or whether inflation is going to get even worse. On energy, the outlook is ...
Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...
Something about our wallets getting tighter makes words like “inflation” and “GDP” take on new meaning in the minds of The post How did inflation get so bad? Here are 4 key reasons ...
Though inflation now hovers close to the Federal Reserve's 2% target rate, it's not yet time to declare victory: prices continue to run hotter than expected, and that's happening alongside ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing.. On a ...
But in recent months, inflation has shown signs of cooling. In June, the rate of inflation fell 0.1%, marking the lowest monthly growth rate since May 2020 and a two-thirds decrease from June 2022.
Compared to previous estimates, central bankers forecast inflation ending this year higher than expected and lingering at a higher rate next year. Blame COVID. Or the economic gyrations that ...