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  2. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    During the COVID-19 lockdown, demand shifts during the pandemic towards many home-related goods outpaced supply, contributing to inflation. [30] [31] Demand for groceries has continued to be high after the pandemic as people's habits have changed, which is one of the factors pushing up grocery prices into 2024. [32]

  3. Economic impact of the COVID-19 pandemic in the United States

    en.wikipedia.org/wiki/Economic_impact_of_the...

    Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...

  4. COVID-19 recession - Wikipedia

    en.wikipedia.org/wiki/COVID-19_recession

    The COVID-19 pandemic was a pandemic of Coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2); the outbreak was identified in Wuhan, China, in December 2019, declared to be a Public Health Emergency of International Concern from 30 January 2020 to 5 May 2023, and recognized as a pandemic by ...

  5. The major COVID variants we've seen so far and which one to ...

    www.aol.com/news/major-covid-variants-weve-seen...

    The COVID-19 pandemic was the third leading cause of death globally in 2020 and the second in 2021, according to a recent World Health Organization report.The almost 13 million lives lost during ...

  6. Inflation heated up last month as consumer prices rose 2.7% ...

    www.aol.com/inflation-heated-last-month-consumer...

    Economists were expecting inflation to pick up by 0.2% from October and record a 2.7% annual increase, primarily due to unfavorable comparisons from a year ago and stubborn housing-related inflation.

  7. More signs of slowing inflation may arrive in latest consumer ...

    www.aol.com/more-signs-slowing-inflation-may...

    Experts think the government's last price report of the year will provide more evidence that inflation is slowing. More signs of slowing inflation may arrive in latest consumer price data Skip to ...

  8. Economic impact of the COVID-19 pandemic - Wikipedia

    en.wikipedia.org/wiki/Economic_impact_of_the...

    The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...

  9. Wall Street is concerned about an inflation resurgence in 2025

    www.aol.com/finance/wall-street-concerned...

    According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...

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