Inflation is the economic indicator that affects everything from the cost of groceries to the interest rates on loans. According to data from the Bureau of Labor Statistics, the current inflation rate ...
Her expertise is in personal finance and investing, and real estate. Inflation and interest rates tend to move in the same direction because interest rates are the primary tool used by the U.S ...
Many countries are reporting multi-decade highs, including the US where inflation hit 9.1% in June, the fastest rate since 1981. The inflation rate in August was 8.3%. Why is inflation in the US ...