For decades, retirement planning has assumed inflation would average around 2-2.5% annually, and financial planners built ...
About the author: David Beckworth is a senior research fellow with the Mercatus Center and host of the Macro Musings podcast. The last mile of a long journey is often the hardest. The Federal Reserve ...
Inflation eased its grip on the American consumer in November, with prices rising 2.7% from a year earlier, the Labor Department said in a Dec. 18 report. The annual inflation rate had crept as high ...
By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.