Inflation at 30-year high. Where it goes next is (partly) up to you.
Many Americans have never lived through severe inflation. Here’s why the answer to today’s worrisome price spike may revolve around consumer and business mindsets, not just kinks in supply chains.
Inflation hit a 30-year high last month, according to federal data released today. The report from the Bureau of Labor Statistics adds new fuel to growing worries that recent price increases are not a temporary bump but the beginning of high inflation that could last – possibly for years.
American households are being strained by rising prices for everything from...