·September 21, 2021
From 2010 to 2019, inflation in the United States averaged 1.7%; below the 2% target of the Federal Reserve. But by June 2021, the inflation rate had reached 5.4%, the highest in more than twelve years. In this episode of EconoFact Explains, we explore how inflation is calculated, the factors that have contributed to the recent rise in inflation, and the dangers posed by high and ongoing inflation.
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Understanding Current Inflation
Topics:EF Explains / Inflation
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