October 14, 2021
Inflation in the US remains at its highest monthly level since the 2008 financial crisis. Right now most economists agree that rising prices are being driven by pandemic-related supply chain disruptions, which the government can do little about. This has given some oxygen to supporters of the Biden administration's big-spending agenda, who now insist that inflation will ease up once supply chain disruptions resolve. Deficit hawks, for their part, still say that the Federal Reserve is overheating the US economy by keeping interest rates low because it hopes inflation will be short-lived. We compare US inflation and interest rates over the past half century, a period in which America has suffered double-digit inflation figures more than once.
From Your Site Articles
- Think buying American will help ease inflation? Larry Summers says it won’t - GZERO Media ›
- Inflation nation: What’s driving US prices higher? - GZERO Media ›
- Larry Summers: Rising inflation makes society feel "out of control” - GZERO Media ›
- Biden could get Saudis to push Russia out of OPEC+ - GZERO Media ›
- Are we in a recession? - GZERO Media ›
- How bad is inflation in the US and around the world? - GZERO Media ›
- Podcast: Making sense of global inflation, looming recession, & economists who disagree - GZERO Media ›
- S3 Episode 3: Will there be a recession? - GZERO Media ›
- Biden sticks with Powell as Fed Chair amid rising inflation - GZERO Media ›
- What we need to know to fix US inflation - GZERO Media ›
- When high inflation meets high job rates - GZERO Media ›
- Inflation panicking is 1970s hangover, says economic historian Adam Tooze - GZERO Media ›
More For You
Most Popular
With the US leading production and China driving new reactor development, Bank of America breaks down the who, what, where, when, and why behind nuclear’s return. Stay ahead of global energy trends with Bank of America Institute.
Chris, an Army veteran, started his Walmart journey over 25 years ago as an hourly associate. Today, he manages a Distribution Center and serves as a mentor, helping others navigate their own paths to success. At Walmart, associates have the opportunity to take advantage of the pathways, perks, and pay that come with the job — with or without a college degree. In fact, more than 75% of Walmart management started as hourly associates. Learn more about how over 130,000 associates were promoted into roles of greater responsibility and higher pay in FY25.
Last week, at the Munich Security Conference, a group of global technology providers, including Microsoft, announced the Trusted Tech Alliance — committed to shared, verifiable principles for trusted, transparent, and resilient technology across borders. At a moment of economic volatility and zero-sum technological competition, countries and customers are demanding greater accountability from technology providers. The Alliance addresses this by bringing together companies from across Africa, Asia, Europe, and North America around shared commitments: transparent governance, secure development practices, supply chain oversight, open digital ecosystem, and respect for the rule of law — ensuring the benefits of emerging technologies strengthen public trust while driving job creation and economic growth. Explore the Trusted Tech Alliance here.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.