Inflation simply means that prices are rising. There is only one reason for that: total demand in the economy is greater than total supply. Why is that occurring today? Let’s first make some basic ...
The latest inflation readings showed a mixed bag as drops in grocery and used car prices balanced out increases in rent and gasoline. Overall prices increased 3.4% from a year earlier, down from 3.5% ...
Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. While some effects of inflation, such as the ever-increasing ...
What is inflation, and how do we track it? In 2022 consumers felt the effects of rising prices, and as much as experts simplify the definition of inflation, the causes of it remain complex and in ...