“The latest Consumer Price Index (CPI) data shows that inflation remains “stubbornly high” in the United States. Year over year inflation increased from 2.4% at the start of 2026 to 3.4% in August.

The surge in prices shows no signs of abating, either, amidst escalating conflict in the Middle East that has pushed the price of oil back to over $100 a barrel. The bond market’s concerns over inflation have sent long-term treasury yields soaring, and many economists expect the Federal Reserve to start raising interest rates to cool down prices.

But not everyone is particularly worried about rising inflation. In fact, many of the same people who were the most alarmed about rising prices two years ago (when the CPI was rapidly declining) now seem the least concerned about the impact of inflation.”

Continue reading, courtesy of Good Authority.

 

Connect with us: