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Why Inflation Is So Hard To Get Rid Of
Posted
May 4, 2023
Views
426,166
Likes
4,683
Comments
996
Engagement
1.33%
May 4, 2023
426,166
4,683
996
1.33%
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10:57Now PlayingEverything is more expensive. Overall consumer prices are about 13% higher than they were in April 2021 and Americans are feeling the pain. Inflation, or the rate prices are increasing in the general economy, has been a persistent problem the past two years. The Federal Reserve had hoped inflation would normalize as the pandemic’s volatility subsided, but prices have stubbornly stayed well above its 2% goal. Watch the video above to learn why inflation sticks around and what we can do about it.
Chapters:
Produced and Shot by: Charlotte Morabito
Edited by: Nora Rapapport
Additional Reporting by: Jeff Cox, Gabriel Cortes, Emily Lorsch
Additional Camera: Nathaniel Lee
Animation: Alex Wood, Christina Locopo
Supervising Producer: Lindsey Jacobson
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Why Inflation Is So Hard To Get Rid Of
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