From certain angles, the nation’s economic picture looks like a healthy one, but it’s being photo-bombed by an unsightly intruder: Chronically high inflation.
inflation
Posted inBusiness, Nation & World, News
Key issue as Fed meets this week: When to slow rate hikes?
Fed officials have stressed that they need to raise rates significantly to tame inflation, which has caused hardships for millions of households.
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Posted inOp-Eds, Opinion
Douglas Rooks: Inflation not the problem we think it is
Rather than yesterday’s polling, we might focus on what really matters to us — and where Congress can have a major impact.
Posted inOp-Eds, Opinion
Commentary: A little help on parsing inflation from New Hampshire’s Sununu
What we’re confronting today is primarily global; not just fueled but also fired up by the supply chain shutdown during the worst of the pandemic.
Posted inBusiness, Food & Dining, Local & State, News, Uncategorized
Challenge at the checkout: Mainers struggle to keep up with rising grocery prices
Historic inflationary pressures are making it difficult to put food on the table, forcing shoppers to scout for deals and cut back.
Posted inOp-Eds, Opinion
Jim Fossel: So you can’t fight inflation. How about not adding to it?
When it comes to tempering the cost of living, President Biden could have done a whole lot more by doing a whole lot less.
Posted inElection 2022, Local & State, Politics
In a city of divided loyalties, Lewiston voters cite economy and abortion as top concerns
Both Gov. Janet Mills and former Gov. Paul LePage have carried the city on their previous paths to the Blaine House.
Posted inBusiness, Nation & World
Soaring U.S. dollar spreads pain worldwide
The soaring U.S. dollar is adding to global inflationary pressures at a time when prices were already soaring.
Posted inNation & World, News, Uncategorized
March against inflation turns up political heat in France
The march for wage increases and other demands was organized by left-wing opponents of Macron and lit the fuse on what promises to be an uncomfortable week for his centrist government.
Posted inBusiness, Nation & World, News
Worsening inflation will pressure Fed to keep raising rates
Even with widespread price spikes, the September data showed that the prices for many physical goods, including clothing, used cars, furniture, and appliances, dropped last month.