inflation

The obvious explanation for July’s 1.1% dip would be the coronavirus delta variant. Not so fast; inflation may also be a culprit.

The University of Michigan’s consumer sentiment index shows the rise of the delta variant this summer has curbed spending.

But inflation eased on a month-to-month basis. Many economists expect price gains to moderate as the pandemic recovery progresses.

The industry’s challenges could lead to higher prices for consumers.

The Federal Reserve is aiming for long-term inflation of 2%. But economists say a bit more could help some workers and borrowers.

All eyes will be on feelings about inflation for the month of July.

Experts say global forces that helped keep inflation low for decades — like international trade and an expanding workforce — are dissipating.

If people think prices will rise, they will modify their behavior. That could, in turn, lead to price hikes.

Social Security provides cost of living updates. But for those with additional money to invest, inflation can eat into more conservative investments like cash and bonds.

The consumer price index doesn’t reflect the hot housing market, and some say that’s a problem.