Buckle up, inflation doesn't seem to be going anywhere any time soon
💸 Buckle up, inflation doesn't seem to be going anywhere any time soon.
Compared to September 2021, energy and food costs have risen by 6.6% - this is the quickest jump in forty years. Overall prices rose 8.2% during the same period of time. With August to September prices increasing 0.4% faster than in July to August increase, the government is recognizing the problem. The Federal Reserve has already raised the rates sky-high, but it’s likely that the record heights will continue.