As inflation continues to creep up, it is likely mortgage rates will rise towards the end of the year. The question remains, when will inflation peak and start to decline?
As people start to see the negative effects and volatility caused by populist movements, there may be a shift away from them during upcoming electoral cycles in favor of more established experts in positions of power.
Inflation rates are important to track on the economy and the Federal Reserve can measure this through a grocery basket that includes 80,000 items.
The International Monetary Fund points to inflation and rising interest rates as a factor for global economic growth. Janet Yellen offers a more positive outlook, while Austin Goolsbee warns that services prices may not be as responsive to the Fed’s main inflation-fighting tool which is higher interest rates.
This podcast episode discusses how the Hendersonian news cycle can be applied to the topic of inflation, from denial to acceptance to blame.