Fox News host Sandra Smith stumped former Vice President Kamala Harris’ Senior Adviser Mike Nellis by asking him what the current rate of inflation is. The Consumer Price Index (CPI) increased by 2.7% ...
USA TODAY asked economists to ascribe blame for the historic run of inflation, which reached a 40-year peak in mid-2022. Inflation has cooled since then, to an annual rate of 2.6% in October. But ...