Pictorial Parade / Getty Images It's 1974. The inflation rate hit double digits in February of 1974 and would stay in double digits until May 1975. Not much was looking any better. The stock ...
The problem is that there are now many roadblocks that didn’t exist even a year ago. Record-high inflation, rising interest rates and the costs of everything, from food to gas to apartment ...
And it warned that cost-of-living pressures are on the rise again, with inflation set to climb to 3.7 per cent this year as energy bills put more strain on household finances. That dismal ...
Chair Jerome Powell said the Federal Reserve is aware of the risk of a rebound in price growth and emphasized the central bank’s commitment to its 2% annual inflation target. Sen. Thom Tillis ...
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