Inflation comes off 40-year high but stays elevated at 8.5% as gas prices fall but food, rent jump, CPI report shows

Inflation comes off 40-year high but stays elevated at 8.5% as gas prices fall but food, rent jump, CPI report shows

This post was originally published on this siteInflation backed off a 40-year high last month as gas prices fell but food and rent costs rose again, CPI report shows     

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The Senate is nearing a deal on immigration that could also lower food prices

The Senate is nearing a deal on immigration that could also lower food prices

This post was originally published on this site Two Senators are closer then ever before on an immigration-related bill that would provide a much-needed workforce for agriculture. But can they get the Farm Bureau on board the final sticking point? (Image credit: Craig F. Walker/The Boston Globe via Getty Images)

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Fed’s Inflation Dashboard Puts More Weight on Volatile Energy, Food Prices

Fed’s Inflation Dashboard Puts More Weight on Volatile Energy, Food Prices

This post was originally published on this siteConcerns that consumers could begin to expect higher inflation to last longer spur a more aggressive rate-rise path.

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Politicians Cause Real Pain With Inflationary Policies

Politicians Cause Real Pain With Inflationary Policies

This post was originally published on this site  Gasoline prices just hit new record highs, and that’s just the tip of the iceberg, inflation-wise. As consumers know, but federal officials seem slow to admit, everything is becoming more expensive. And while the purchasing power of our money is expected to...

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Four hidden reasons food prices are crazy right now

Four hidden reasons food prices are crazy right now

This post was originally published on this siteDrought, a chicken illness, war in Ukraine and politics at the border are adding to pandemic-era supply-chain disruptions

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Russia invasion fuels fear of American food price hikes

Russia invasion fuels fear of American food price hikes

This post was originally published on this siteRussia’s invasion of Ukraine is raising fears of a global food shortage that could hike prices for U.S. consumers and spark a humanitarian crisis in the Middle East.  Ukrainian producers are struggling to grow and export their crops amid the…

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Russia’s Invasion of Ukraine Threatens Further Hikes in Food Prices

Russia’s Invasion of Ukraine Threatens Further Hikes in Food Prices

This post was originally published on this site  Even before Russia invaded Ukraine, food prices were spiking around the world because of supply chain disruptions. A combination of always unpredictable nature, bad policy, and busted supply chains (also largely from policy decisions) hiked the cost of fertilizer for farmers. That...

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Farmers Feel the Squeeze of Inflation

Farmers Feel the Squeeze of Inflation

This post was originally published on this siteHigher farm costs could help push up grocery bills further in 2022, analysts say, following a year in which global food prices rose to decade highs.

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Food Costs Likely To Rise as Farmers’ Expenses Shoot Up

Food Costs Likely To Rise as Farmers’ Expenses Shoot Up

This post was originally published on this site  Famine is one of the four horsemen of the apocalypse for good reason; hunger was an unwelcome companion for most of human history. The threat it poses declined in recent decades because of innovations in agriculture and increasing prosperity. But the largely...

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