Inflation Rises, Fed Warns
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forthcoming inflation dataYahoo Finance
•This week in Bidenomics: Uh-oh, reflation
76% Informative
Inflation has been the scourge of the economy for the last three years .
Inflation spiked from a benign 1.4% when President Biden took office in 2021 to a searing 9% some 18 months later .
By September , inflation was down to 2.4% , almost in the normal zone.
The latest data shows inflation ticked back up to a 2.6% in October .
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80
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