Archive: Laura D. Quinby
U.S. inflation peaked at 8.9 percent in June 2022, and, while the rate has declined substantially since then, inflation still remains an important concern. That concern is justified in that the first brief in this two-part series – as well as numerous other studies – have shown that inflation harms older households by both reducing…
In June 2022, U.S. inflation peaked at 8.9 percent – a dramatically high level after nearly three decades of relatively stable prices. Because inflation has been so low for so long, the risks of inflation have been generally overlooked and recent history does not offer much practical insight on its impact. But a shock of…
