Americans (and by the way, everyone) received a bucket of cold water with the increases in consumer prices in their country in April and May 2021 compared to the same months of 2020: 4.2% and 5% respectively. Figures that differ significantly from the 2% that the Federal Reserve estimates it must be the normal annual rise in prices, despite the sharp increase in the amount of money to which it was forced to put in circulation due to the Pandemic. Temporarily says the Federal Reserve, price increases could be higher than their expectation.
The United States: the Phantom of Inflation
The United States: the Phantom of Inflation
The United States: the Phantom of Inflation
Americans (and by the way, everyone) received a bucket of cold water with the increases in consumer prices in their country in April and May 2021 compared to the same months of 2020: 4.2% and 5% respectively. Figures that differ significantly from the 2% that the Federal Reserve estimates it must be the normal annual rise in prices, despite the sharp increase in the amount of money to which it was forced to put in circulation due to the Pandemic. Temporarily says the Federal Reserve, price increases could be higher than their expectation.