Inflation Archives

Fed Attacks Inflation with Another Big Hike and Expects More

The Federal Reserve raised its key interest rate by a substantial three-quarters of a point...

US Inflation Falls for 2nd Straight Month on Lower Gas Costs

Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for...

Did Biden Say July 2022 Inflation Was ‘Zero Percent’?

It’s a statement that is both technically true and somewhat misleading.

US Inflation Reached a New 40-Year High in June of 9.1%

Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak.

Did Price of Arizona Iced Tea Increase?

This 99-cent can is still 99 cents (in the United States).

Fed Attacks Inflation with Its Largest Rate Hike Since 1994

The Federal Reserve intensified its drive to tame high inflation by raising its key interest...

US Inflation Hit a New 40-Year High Last Month of 8.6%

The prices of gas, food and most other goods and services jumped in May, raising...

Did USDA Predict Eggs Will Cost $12 Per Dozen in Fall 2022?

We're not sure if this rumor originated with bad math or bad faith.

How Is Record US Inflation Impacting Your Life? Share Your Story!

This spring, Snopes wants to hear how you're navigating rising prices at grocery stores, gas...

US Inflation Jumped 8.5% in Past Year, Highest Since 1981

Inflation soared over the past year at its fastest pace in more than 40 years.

US Inflation Jumped 7.5% in the Past Year, a 40-Year High

The acceleration of prices ranged across the economy, from food and energy to apartment rents...