President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
Inflation is the loss of purchasing power over ... As the economy emerged from lockdown, people began to increase personal consumption, once again going out to restaurants, taking vacations ...
But high inflation also influences the job market, often drawing more people into the workforce in the short run. “High inflation will usually lead to an increase in the number of workers to ...