Black households suffer the most from rising inflation rates

Black households in the U.S. faced higher and more volatile inflation compared to white households from 2004 to 2020, reveals new research from the University of California San Diego's School of Global Policy and Strategy. ...

How inflation is influencing the way we think and behave

Driven largely by soaring gas prices, inflation reached levels not seen in decades over the last year, according to new Consumer Price Index data. Prices at the pump helped accelerate inflation to 8.6% for the 12 months ending ...

Wages: Why are they not keeping up with inflation?

There has been a huge amount of concern about rising inflation in recent months, and it's made worse by the fact that wage inflation has not been keeping up. A few workers in high-paid jobs have enjoyed higher bonuses and ...

Gasoline costs and the effects of suspending gas taxes

Gas prices are spiking these days—well over $4 a gallon—and several states have temporarily lifted their gas taxes to give consumers some price relief. But how high are today's gas prices, if we adjust for inflation? ...

Harvard economist weighs in on new inflation data

Inflation continued to soar in February, with a key measure hitting a 40-year high, according to federal data released Thursday. Driven by higher energy costs, gasoline in particular, the Consumer Price Index rose 7.9 percent, ...

Two decades on, euro can't shake reputation as price driver

Europeans have been living with euro banknotes and coins for 20 years now, but many still point the finger at the single currency for covertly driving up consumer prices—despite plenty of evidence to the contrary.

Inflation uncertainty highest in four decades

Consumer sentiment has remained virtually unchanged in the past three months, at levels comparable to the pandemic low point in April 2020, according to the University of Michigan Surveys of Consumers.

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