inflation

With inflation concerns, consumers are looking for bargains at the store. Currently, in-store meat brands are seeing a surge in consumer interest.

The Treasury secretary doesn’t see a 1970s-style inflation shock on the horizon. “The Federal Reserve wouldn’t permit that to happen.”

The not-so-good news? Inflation has eaten up most of the gains.

For Alfred G Pearce, the biggest veggie producer in the U.K., signs of inflation are everywhere.

Some of them are reminded of the bad ol’ 1970s.

Heading into winter, the price of residential propane is higher than it’s been in 10 years.

Treasury Secretary Janet Yellen says inflation should ease by next year, but anxiety about that is still running high.

Consumers are seeing rising prices for food, particularly beef, pork and poultry. That’s forcing some to shift their eating habits.

But inflation will eat into the raise.

The consumer price index rose 5.4% year over year, as consumers’ inflation expectations hit a series high of 5.3%, the New York Fed said.