A notable shift is occurring in the ongoing blame game surrounding inflation, with voters increasingly pointing fingers at big corporations rather than to President Joe Biden.
US inflation
The Federal Reserve may decrease interest rates in June following the lowest annual gain in over three years in the United States.
The Federal Reserve has indicated a cautious approach towards cutting US interest rates.
The United States hits a "significant milestone" in the fight to bring down inflation, and President Joe Biden acknowledged this positive development in a statement.
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
The US Postal Service will cut the price of postage, the first time in nearly hundred years. While, the cost of all commodities are rising, the drop in stamp prices surprises consumers. The cost decrease is anticipated to come live on April 10, 2016.
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