As the world recovers from covid19 it's now economies that are running hotter than predicted the economy is experiencing a very strong recovery we brought this economy back from the brink but with growth has come a surprising Change inflation soared to its highest level in over a decade in April the biggest month over month increase in September get this 2008. the sharp increase in inflation blindsided many economists almost no one saw it coming inflation is the least predictable it's been for a long time probably for decades but is this high inflation just a temporary blip or could it spiral out of control it's the most important question for the global economy at the moment. Inflation is when prices rise over time that'll be a dollar sixty-five please not that much it's when items and services from bananas and belts to housing and heating cost more than they used to meaning you get less bang for your buck keeping inflation steady is a balancing Act most rich-world
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