Understanding Inflation: Gradual price rise erodes purchasing power. CPI tracks changes in goods and services. Causes and Types: Inflation from cost-push or demand-pull factors creates price cycles.
While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.