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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 ...
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.
Americans despise inflation. It's a loathing that colors their perception of the economy and their personal finances. And even if the Federal Reserve hits its so-far unmet inflation target of 2% ...
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 ...
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. ...
News about inflation has been everywhere over the past few years. But even if you haven't been watching TV or reading the financial press, you've no doubt felt some pain in your wallet as prices ...
Inflation in New Zealand exceeded forecasts in July 2022, reaching 7.3%, which is the highest since 1990. [232] Economists at ANZ reportedly said they expected faster interest rate increases to counteract inflationary pressures. [233] In Fiji, inflation rose to 4.7% in April 2022 compared to –2.4% in 2021. [234]
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.
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America's Most Trusted Source for News - Pew Research Center