Inflation didn’t just make things “more expensive.” It broke household planning—because the largest line item in most budgets, housing, is still shopped with the wrong unit of measure. When families ...
The 2.5% COLA outpaced actual inflation due to a timing quirk where prices cooled after the adjustment was locked in. Food and utility prices rose faster than headline inflation. Retirees allocate ...
Jim Chalmers can expect higher inflation to support the budget’s bottom line, with tax revenue boosted by nominally higher incomes and profits.