Inflation is one of those economic terms that can cause worry lines on the faces of consumers, investors and government officials. The reason depends on what’s happening at the time in the economy, in Washington, on Wall Street and in financial capitals
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These events led to uncertainty regarding energy prices and the excessive expansionary policies of economic relief packages, pushing up the US inflation rate to 9.1% in June 2022. In response, the Fed has taken a hawkish position in raising interest rates, creating uncertainty among investors and ...