The Price of School Lunch Is Soaring More Than Any Other Household Item
The consumer price index for November was up 7.1% year over year, the lowest it has been for several months.
Economists voiced optimism that the worst of inflation may be over. This would mean the Federal Reserve will stop raising rates and the expense of loans like mortgages will begin to level and perhaps drop.
The best way to evaluate inflation, however, is to look at the items people use frequently.