Why Inflation Is Hitting American Households Like Never Before

For two straight months, the primary consumer expenses — fuel, power, and grocery-store food — have all been rising at double-digit annual rates for the first time since 1981. And data out Friday are likely to show a further surge in those unavoidable areas of spending. The Biden administration may want to draw focus to the ultra-low jobless rate to tout a strong economic recovery, but it’s inflation on everyday expenses that has become the topic of conversation at kitchen tables across the country.

Full Story: Why Inflation Is Hitting American Households Like Never Before | Advisor Perspectives

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