The last time inflation was this high, the Fed engineered a severe recession. Unfortunately, the problem is much more complex now. Can the off-ramp to spiking inflation go better this time?
American consumers are facing the worst inflation in four decades. So why is (almost) everything getting more expensive? Here's what you need to know about the economic forces driving higher prices, how consumers are coping, and when the pain might end. Updated 5/12/2022.
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American consumers are seeing food prices rise at the fastest rate in decades. Supply chain snarls, labor shortages and climate challenges (plus the conflict in Ukraine) share the blame.
Households can put off some purchases, such as travel and clothes. But higher costs for gas and rent are unavoidable.
Midland, Texas, is used to booms and busts. But even here, prices are shocking the local economy — and the Fed may not be able to help.
America is dealing with its worst inflation in nearly 40 years. It could get worse if inflationary psychology takes hold.
Shrinkflation is causing consumers to pay the same or more for less.
Inflation Is Hurting Women at the Grocery Store. Some Are Eating Less in Order to Feed Their Families.The 19th
As grocery prices rise, women have few places to turn. Some report skipping meals, federal food benefits have not kept up and food pantries are also starting to feel the impact.
Gas is nearly six bucks a gallon. Groceries are 8% higher than last year. Dollar stores: now dollar-and-a-quarter stores. But a giant, 23-ounce can of AriZona iced tea still costs 99 cents, the same price it has been since it hit the market 30 years ago.