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Price inflation

After the long night of inflation, consumers finally expect to see the sun

by Stephanie Hughes
Jan 8, 2024
Consumers forecast inflation at 3% a year from now, the lowest their short-term expectations have been in three years.
One reason consumers are feeling better about inflation is that major price hikes for essentials like gasoline and eggs appear to be in the past. But that doesn't mean prices will fall.
Justin Sullivan/Getty Images
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6 months into the war, how's the Russian economy faring?

by Kai Ryssdal and Anais Amin
Aug 24, 2022
Russia remains economically isolated and it's suffering a brain drain of young, educated professionals, explains Kristy Ironside of McGill University.
Russia's financial isolation has contributed to the recovery of the ruble's value.
Kirill Kudryavtsev/AFP via Getty Images
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Wages rise ... but prices rise more

by Mitchell Hartman
Mar 31, 2022
If wages were to rise as fast as prices right now, it could lead to a wage-price spiral, something the Fed is trying to prevent.
Wage increases aren't keeping up with inflation, but experts say it will even out soon.
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