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What’s behind American inflation?

Summary by GZERO Media
US inflation rates have finally started to relax over the past 12 months: Prices rose at an annual rate of 2.3% in April, within touching distance of the Federal Reserve’s 2% target. This chart shows what product categories fed the inflation surge in 2022 — and its subsequent slowdown.The recent drop in inflation rates is in large part thanks to plateauing transport costs, which spiked in 2021 and 2022 amid global supply-chain issues and Russia’…

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  • 100% of the sources lean Left
100% Left
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GZERO Media broke the news in on Thursday, May 15, 2025.
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