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  2. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156] Inflation is believed to have played a major role in a decline in the approval rating of President Joe Biden, who took office in January 2021, being net negative starting in October of that year. [157]

  3. United States Consumer Price Index - Wikipedia

    en.wikipedia.org/wiki/United_States_Consumer...

    Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...

  4. 2020s in economic history - Wikipedia

    en.wikipedia.org/wiki/2020s_in_economic_history

    A worldwide increase in inflation began in mid-2021, with many countries seeing their highest inflation rates in decades. It has been attributed to various causes, including pandemic-related economic dislocation; the fiscal and monetary stimulus provided in 2020 and 2021 by governments and central banks around the world in response to the ...

  5. Inflation gauge closely watched by the Fed falls to lowest ...

    www.aol.com/inflation-gauge-closely-watched-fed...

    Inflation peaked at 7.1% in June 2022 after the economy had accelerated out of the pandemic recession at a time of severe shortages of parts and labor, according to the gauge released Thursday ...

  6. Inflation: Consumer prices were unchanged in October, core ...

    www.aol.com/finance/inflation-expected-ticked...

    Consumer prices were unchanged in October, core inflation rises at slowest pace since September 2021 Gas prices fall 5% in October as energy leads inflation slowdown Fed's Goolsbee: 'A way to go ...

  7. Inflation falls in June for first time since 2020 as consumer ...

    www.aol.com/finance/consumer-prices-expected...

    It was the smallest month-over-month increase in core prices since August 2021. ... Notable call-outs from the inflation print include the shelter index, which rose 5.2% on an unadjusted, annual ...

  8. Inflation: Consumer prices rise at slowest pace since early 2021

    www.aol.com/finance/inflation-consumer-price...

    The Consumer Price Index (CPI) increased 2.5% over the prior year in August, a deceleration compared to July's 2.9% annual gain in prices and the lowest annual rate since early 2021.

  9. Inflation: Consumer prices rose 5% in March, slowest since ...

    www.aol.com/finance/inflation-data-expected-show...

    Consumer prices rose at the slowest pace since May 2021 as inflation showed further signs of easing in March, according to the latest data from the Bureau of Labor Statistics released Wednesday ...