Everyone knows inflation is on fire. This is what’s really fueling it
The three biggest inputs for the consumer price index, the most widely followed measure of inflation, are food, energy and shelter.
The three biggest inputs for the consumer price index, the most widely followed measure of inflation, are food, energy and shelter.
The trouble is, the Fed's likely to get a recession anyway as data shows the economy is a far cry from stable.
Inflation has been pushing prices higher, and shoppers are feeling the pressure as they pay more for goods like groceries and gas.
The Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through inflation and away from recession.
Federal Reserve officials rolled out strong language Friday to describe their approach to inflation, promising a full-fledged effort to restore price stability.