Climbing #Inflation

#Prices in the #US are rising at the fastest pace in years.

Officials at the #CentralBank [#FederalReserve] have embraced the possibility of higher #InterestRates [& #JeromePowell is NOT chairing the board anymore] to get resurgent inflation under control.

#economy #affordability #CostOfLiving #recession #trumpcession #Trump #policy
nytimes.com/2026/05/28/busines…