However, experts say high food prices are here to stay. "Once food price goes up, it tends to stay up," said Claudia Sahm, a ...
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...
Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of ...
Still, pockets of the food industry currently experiencing shortages due to disease or weather could continue to see higher prices, economists have told CNN. Plus, they note that volatility in food ...
U.S. inflation has bubbled up in the past few months, in a worrisome sign, but that bubble could pop by next spring. The recent rise in inflation has come as a nasty surprise, to be sure.