America’s Soaring 2021 Inflation Rates, Explained
Channel: That's All I Have To Say About That
Date: 2021-05-17

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The Federal Reserve is closely monitoring inflation in the United States. After months of loose monetary policy, inflation rates just spiked to 4.2% last month. This leaves the Federal Reserve asking how much of these cost increases are based on inflation versus recovering from the pandemic. Here’s exactly what’s happening.