How high inflation became a 'fact of life' in the U.S
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
CNBC reports: U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
This business story centres on the United States.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- Federal Reserve
- Section
- Business
Sources
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