We are all afraid of it, it's the “I” word. You can't watch TV, you can't read the newspaper, you can't go anywhere without hearing about the possible inflation that is coming to the U.S. Look, no economy is static, and what's happening in one state is not necessarily happening in another state. loading...
Let's look at Seattle.
According to axios.com,
‘ Seattle had the largest short-term jump in prices of any metro studied: a 1.4% CPI increase from April to June, WalletHub analyst Chip Lupo tells Axios.
That, combined equally with the city's 2.7% CPI change over the past year, was enough to push the city to the top, per Lupo.’
High housing costs are already an issue in Seattle. Now add to that small jumps in prices on other goods and services. Let's put this into perspectiv