The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs, ...
Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...
But what economists call "soft landings" – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren't. As we turn to 2025, we're ...