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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 ...
Arghhhh! Inflation is really bad right now. The annualized inflation rate jumped from 8.6% in May to 9.1% in June, the highest level since 1981. Everybody who drives a car knows skyrocketing ...
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 ...
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 ...
As supply and demand shocks begin to wane, economists look to another potential culprit of sticky inflation: corporate profit margins. The US is now facing a third inflation wave, economist ...
Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs. But don't take our word for it, just listen to Federal Reserve Chair Jerome Powell.
Consumers have endured the pain in everyday routines. Unleaded gasoline is up 61% in the past year. Men's suits, jackets and coats, 25%, Airline tickets, 34%. Eggs 33%. Breakfast sausage, 14%.