Why Are Groceries So Expensive If Inflation Is “Cooling”? The Odometer Trick, Explained Why are groceries so expensive when every headline says inflation is calming down? Because two different things are being measured — and confusing them is probably the single most common misunderstanding in all of economics. Grocery inflation has slowed to a modest … Read more
What Is CPI? The Inflation Number That Decides the Fed’s Next Move What is CPI? It’s the closest thing the economy has to a monthly report card on the cost of living — and on Friday, September 11, at 8:30 a.m. sharp, the next one lands with unusual weight. Wall Street, in Fortune’s phrase, is … Read more
Inflation: Why Your Money Buys Less Than It Used To Inflation explained in one sentence: the same money buys less than it did before. That loaf of bread, that gallon of fuel, that monthly rent — if they all cost more today than they did a few years ago and your income has not risen … Read more