The economy appears to be heading into a rare, but oft-predicted, scenario of strong growth and low inflation called “Goldilocks.” While it’s been called before, experts might be right this time around.
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When a Federal Reserve committee meets Tuesday to consider the federal interest rate, it will likely revise its glum outlook into something brighter. But will it also acknowledge the U.S.’s growing inflation problem?
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Government measures show that inflation, at 1.6% in January, is still below the Fed’s target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising becaus…
Rising food and energy prices will likely hit America the same way they’ve hit other countries. Other inflationary forces are more variable from nation to nation. Still, the U.S. can’t fully escape rising prices, especially whe…
Vacancy rates have been declining at apartment buildings across the U.S., sending rents soaring. And because housing makes up a big part of core inflation, those higher rents could translate into a doubling of the inflation rat…