Help—It’s Inflating—It’s The Economy, Stupid;
When Will Inflation Ease; Here for the Long Haul;
How are higher prices affecting consumers?
Strong job market is boosting workers’ pay,
Though not enough to offset higher prices;
High Inflation is every wherein the World;
No one knows for sure. Elevated consumer price inflation could endure
Prices are coming down;
Series of Fed rate increases appear to be working;
Fed launches an anti-inflation initiative;
Pay Increases & massive job changes;
Added a breathtaking 22 million jobs. Economic output plunged at a record-shattering 31 percent annual rate in 2020’s April-June quarter.
LAT THURS, 07 14 22
Why the U.S. inflation surge is accelerating, and when it may ease
Why is inflation still surging? Blame eye-popping gas prices.