Worst of Both Worlds: U.S. Economic Growth Slows as Inflation Rates Rise
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Yes, inflation has slowed, but business is still paying the price – and so are you
Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and servicesConsumer prices ticked up again in March, rising to anywhere from 3.2% to 3.8% year-over-year, depending on the rate you’re tracking. Of course, that’s way down from what it was back in 2022. But don’t tell that to any of my clients – or people running businesses in just about every industry across the country. For them, prices are not only rising but are significantly –...
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Fed leaves interest rates on hold again as worries about inflation resurface
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