Meanwhile in Turkey: 36% Inflation. I think we'll see more. https://www.bbc.com/news/business-59857420
Meanwhile in Turkey: 36% Inflation. I think we'll see more.
https://www.bbc.com/news/business-59857420
U.S. annual inflation is the highest in nearly 40 years, flirting with the 7% mark. The Federal Reserve’s favorite inflation measurement, the personal consumption expenditures (PCE) price index, is also at a multi-decade high. Suffice it to say, this inflationary environment is threatening both the post-pandemic economic recovery and the personal finances of millions of poor and middle-class households. But one economist will not weep for those impacted by inflation.
U.S. annual inflation is the highest in nearly 40 years, flirting with the 7% mark. The Federal Reserve’s favorite inflation measurement, the personal consumption expenditures (PCE) price index, is also at a multi-decade high. Suffice it to say, this inflationary environment is threatening both the post-pandemic economic recovery and the personal finances of millions of poor and middle-class households. But one economist will not weep for those impacted by inflation.
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