If wages were to rise as fast as prices right now, it could lead to a wage-price spiral, something the Fed is trying to prevent.

The core measure strips out food and energy prices, two of the biggest contributors to inflation today.

If fewer countries want Russian goods, supply goes up and China could, in theory, get cheaper prices. It is a whole other thing in practice.

That’s because for certain things …customers are just willing to pay more.

Rising prices for staples like food and gas was a key worry for respondents, along with concerns about COVID and political power.

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.

A look at what happens when inflation and supply chain problems outrun your business model.

Customers are shopping at the three small retail stores we checked in with, but keeping inventory up isn’t so easy.

It seems both are rising at a rate that will keep inflation in check … for now.

The renowned investor and policy adviser is skeptical of the Federal Reserve’s insistence that the inflation we’re seeing is “transitory.”