Higher interest rates could blunt two big problems in the economy

Posted on AllSides April 11th, 2022
From The Left
Stefani Reynolds/AFP/Getty Images
ANALYSIS

There are two troubling forces threatening the economy right now, both consequences of the covid pandemic. Prices are surging to levels not seen in 40 years. And turmoil in the labor market continues to pinch businesses — there just aren’t enough people filling open jobs.

In Nashville, Dependable Delivery is feeling the strain on both ends. The courier service has raised prices and added a fuel surcharge to keep up with the escalating cost of gas and new vehicles. The company’s president, Dave Myers, said the price bumps are key to retaining...

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