Headline inflation increased from 2.1 to 2.2% in November, while core inflation remained stable at 2.4%. For now, disinflationary and inflationary drivers of prices seem to keep each other in check at ...

When Americans found themselves flush with stimulus funds in 2021, they were more than happy to go out and spend that money. And that’s what lawmakers wanted — the purpose of sending out stimulus ...

Did our AI summary help? Most people do not underestimate inflation because they are careless. They underestimate it because the math does not feel intuitive. A 5 or 6 percent rise sounds manageable.