5min chapter

The Intelligence from The Economist cover image

Variety in the price of life: inflation and the midterms

The Intelligence from The Economist

CHAPTER

Cooking Oil: The Biggest Driver of Inflation

America is struggling with inflation levels, not seen since Ronald Reagan's first term. Annualized inflation hit 8.3% last month. Voters across the country cite the economy as the most important issue in the upcoming elections. Democrats don't want to talk about it, but Republicans want to be sure voters blame the party in charge.

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