Inflation: Here’s what you need to know about America’s extremely hot inflation

[ad_1] The government on Friday reported that consumer prices rose 8.6% during May, the fastest growth rate in four decades. Americans are facing more expensive food, fuel and housing, and some are grasping for answers as to what causes the price jump, how long it may last, and what can be done to solve it. Is. Here’s a guide to understand what’s going on inflation And how to think about value gains when navigating this complex moment We and world economy. what is inflation It may be helpful to think…