Today, the U.S. Department of Labor released the consumer price index (CPI) for November, and inflation hit a 39-year high. Wall Street analysts and economists had generally expected to show the ...
Supply-chain disruptions, pandemic unpredictability, and war have sent inflation to levels not seen since the early 1980s. Higher prices for essentials like food, housing, and gas are making life more ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Peter Westfall is a distinguished professor ...
The 8.6% jump in the Consumer Price Index between May 2021 and May 2022 was stunning, and it marked the biggest inflation increase since 1981. A fresh CPI reading—for the 12 months ended June 30—is ...
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