Further, 71% said their income is not keeping up with rising costs. Here's an explainer about why inflation is so high and what happened last time prices rose at such a fast pace.

Inflation accelerated more than expected in June, and economists say it could be a "long, hard slog" before prices begin to normalize, despite strong action by the Federal Reserve.

For months, Powell and some others characterized high inflation as merely a “transitory” phenomenon while the economy rebounded from the pandemic recession faster than anyone had expected.

Experts point to a number of factors behind the largest rise in consumer prices since 1981.

Here's an explainer about why inflation is so high and what happened last time prices rose at such a fast pace. Why is inflation so high?

Further, 71% said their income is not keeping up with rising costs. Here's an explainer about why inflation is so high and what happened last time prices rose at such a fast pace.

Why is inflation so high? An economist explains why everyday essentials cost more Select spoke to an economist about what's causing the high prices we've been experiencing lately.

Here's an explainer about why inflation is so high and what happened last time prices rose at such a fast pace. Why is inflation so high?

Why Is Inflation So High, and How Does It Affect Investments? U.S. News' panel of financial advisors answers common questions as the Fed stays put on interest rates.

Why Is High Inflation Proving So Persistent? The final Consumer Price Index before the midterms came in higher than expected, but price rises are likely to moderate in the months ahead.

1. Why is inflation running so high? There are two basic reasons why inflation has been increasing: supply and demand.

So the Fed has radically changed course by imposing a succession of large rate hikes. The central bank is making a high-risk bet that it can slow the economy enough to rein in inflation without ...