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There’s not much evidence to suggest that 2% leads to economic magic.
Though smaller than its previous three-quarter-point hikes, the move will further heighten the costs of many consumer and business loans.
Prices rose 7.1% in November compared to a year ago — less than expected.
Fighting inflation starts like a sprint, but it’s a marathon. And the last few miles are hardest.
In New England and other northeastern states where heating oil is a common fuel, it’s going to cost more to stay warm this winter.
It’s fallen seven of the last eight months.
Food companies say they’re dealing with inflation themselves.
The number of GoFundMe fundraisers for baby formula doubled, and requests for help covering gas and groceries also increased.
Taylor Jenkins learned the hard way that the Phoenix area had become a top destination for those leaving expensive coastal cities.
Inflation, supply chain problems and wealth disparities remain barriers to solving hunger, says Claire Babineaux-Fontenot of Feeding America.